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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 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
282.669 284.800 282.490 284.240 +1.571
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 up The intermediate term trend has been UP since Mar 26th, 2019 at 282.93

short term up The short term trend has been UP since Apr 18th, 2019 at 284.47

Smart Scan Analysis for USDHUF

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

+70
Smart Scan Analysis for USDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
282.669 284.800 282.490 284.240 +1.571
Prev. Close Volume Bid Ask Time
282.669 284.040 284.440 2019-04-18 09:47:36
Want to analyze US Dollar/Hungarian Forint USDHUF or another symbol? Try our Free Forex Trend Analysis Report.