Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

US Dollar/Hungarian Forint (FOREX:USDHUF)

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_USDHUF
Open High Low USDHUF Price Change
280.26 280.51 278.83 279.36 -0.90
Entry Signal

MarketClub’s Trade Triangles for USDHUF

long term down The long term trend has been DOWN since Jan 29th, 2019 at 277.09

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 276.87

short term up The short term trend has been UP since Mar 22nd, 2019 at 277.63

Smart Scan Analysis for USDHUF

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

-55
Smart Scan Analysis for USDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
280.26 280.51 278.83 279.36 -0.90
Prev. Close Volume Bid Ask Time
280.26 279.16 279.56 2019-03-25 23:55:40
Want to analyze US Dollar/Hungarian Forint USDHUF or another symbol? Try our Free Forex Trend Analysis Report.