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Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_SGDHUF
Open High Low SGDHUF Price Change
206.9505 207.0335 206.9225 206.9950 +0.0445
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term down The long term trend has been DOWN since Mar 20th, 2019 at 203.6710

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2019 at 204.9445

short term up The short term trend has been UP since Mar 21st, 2019 at 205.2305

Smart Scan Analysis for SGDHUF

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

-55
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
206.9505 207.0335 206.9225 206.9950 +0.0445
Prev. Close Volume Bid Ask Time
206.9505 206.7500 207.2400 2019-03-26 02:42:04
Want to analyze Singapore Dollar/Hungarian Forint SGDHUF or another symbol? Try our Free Forex Trend Analysis Report.