Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for NZDHUF
The long term trend has been UP since Nov 1st, 2018 at 188.6615
The intermediate term trend has been DOWN since Feb 28th, 2019 at 189.0250
The short term trend has been DOWN since Mar 19th, 2019 at 189.4540
Smart Scan Analysis for NZDHUF
Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 188.554 | 188.635 | 188.475 | 188.477 | -0.077 |
| Prev. Close | Volume | Bid | Ask | Time |
| 188.554 | 188.247 | 188.707 | 2019-03-20 03:19:11 |