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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_TRYHUF
Open High Low TRYHUF Price Change
48.6855 48.8085 48.4460 48.6505 -0.0350
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 down The intermediate term trend has been DOWN since Apr 16th, 2019 at 48.6530

short term down The short term trend has been DOWN since Apr 25th, 2019 at 48.6230

Smart Scan Analysis for TRYHUF

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

-100
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.6855 48.8085 48.4460 48.6505 -0.0350
Prev. Close Volume Bid Ask Time
48.6855 48.6210 48.6800 2019-04-26 10:08:14
Want to analyze Turkish Lira/Hungarian Forint TRYHUF or another symbol? Try our Free Forex Trend Analysis Report.