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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
222.342 223.002 222.285 222.992 +0.650
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term up The long term trend has been UP since Mar 27th, 2019 at 209.7890

intermediate term up The intermediate term trend has been UP since Nov 6th, 2019 at 220.5150

short term up The short term trend has been UP since Nov 4th, 2019 at 217.1485

Smart Scan Analysis for SGDHUF

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

+100
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
222.342 223.002 222.285 222.992 +0.650
Prev. Close Volume Bid Ask Time
222.342 222.902 223.082 2019-11-18 09:21:58
Want to analyze Singapore Dollar/Hungarian Forint SGDHUF or another symbol? Try our Free Forex Trend Analysis Report.