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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.

FOREX_NZDHUF
Open High Low NZDHUF Price Change
188.554 188.635 188.475 188.477 -0.077
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long term trend has been UP since Nov 1st, 2018 at 188.6615

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 189.0250

short term down 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).

-70
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways 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
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.