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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

US Dollar/Hungarian Forint (FOREX:USDHUF)

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_USDHUF
Open High Low USDHUF Price Change
288.7560 289.2500 288.5395 289.0250 +0.2690
Entry Signal

MarketClub’s Trade Triangles for USDHUF

long term up The long term trend has been UP since Apr 1st, 2019 at 286.69

intermediate term down The intermediate term trend has been DOWN since Jun 3rd, 2019 at 287.05

short term up The short term trend has been UP since Jun 12th, 2019 at 283.98

Smart Scan Analysis for USDHUF

Based on a pre-defined weighted trend formula for chart analysis, USDHUF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
288.7560 289.2500 288.5395 289.0250 +0.2690
Prev. Close Volume Bid Ask Time
288.756 288.9250 289.1250 2019-06-19 08:06:03
Want to analyze US Dollar/Hungarian Forint USDHUF or another symbol? Try our Free Forex Trend Analysis Report.