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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_TRYHUF
Open High Low TRYHUF Price Change
50.8985 51.2745 50.8695 51.2360 +0.3375
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 76.4445

intermediate term up The intermediate term trend has been UP since May 29th, 2019 at 48.6815

short term up The short term trend has been UP since Jul 16th, 2019 at 50.9455

Smart Scan Analysis for TRYHUF

Based on a pre-defined weighted trend formula for chart analysis, TRYHUF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.8985 51.2745 50.8695 51.2360 +0.3375
Prev. Close Volume Bid Ask Time
50.8985 51.2040 51.2680 2019-07-17 08:56:38
Want to analyze Turkish Lira/Hungarian Forint TRYHUF or another symbol? Try our Free Forex Trend Analysis Report.