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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_NZDHUF
Open High Low NZDHUF Price Change
194.7355 195.1010 194.6280 194.7280 -0.0075
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long term trend has been UP since Nov 12th, 2019 at 194.5995

intermediate term up The intermediate term trend has been UP since Nov 5th, 2019 at 190.7900

short term down The short term trend has been DOWN since Dec 10th, 2019 at 195.1585

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
194.7355 195.1010 194.6280 194.7280 -0.0075
Prev. Close Volume Bid Ask Time
194.7355 194.6360 194.8200 2019-12-11 04:31:11
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.