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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low NZDHUF Price Change
187.799 189.357 187.724 188.762 +0.963
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term down The long term trend has been DOWN since Aug 7th, 2019 at 186.0950

intermediate term down The intermediate term trend has been DOWN since Aug 4th, 2019 at 191.7515

short term up The short term trend has been UP since Aug 14th, 2019 at 187.6905

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
187.799 189.357 187.724 188.762 +0.963
Prev. Close Volume Bid Ask Time
187.799 188.511 189.013 2019-08-19 19:01:30
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.