Forex Trendy is a fully-automated trading system designed to analyze the Forex market for various trends and opportunities. Upon identifying either, it can recommend specific trades to its users. However, keep in mind that this is not an actual trading robot – it merely scans the markets for trends that users might be able to capitalize upon.
What is Forex Trendy?
The Forex Trendy system uses pre-programmed algorithms to evaluate trading patterns in the Forex marketplace. According to its designers, the system can scan up to 34 currency pairs with an average accuracy rate of 90%.
This can take place over a period ranging between 60 seconds and 30 days. During this specific time frame, Forex Trendy will repeatedly scan the market in order to identify potential breakout patterns. As each pattern is identified, the system automatically provides user-friendly trading suggestions that can be used to maximize products and minimize risk.
—–> Check it out here
Pros and Cons
Pros:
- Signing you will receive a free ebook
- User-friendly and cost-effective
- Works on all major Forex trading platforms
- Even with minimal investments, it’s easy to earn a profit
- Includes a visual chart pattern recognition system
- Highly-accurate algorithms can identify trends quickly
- 60-Day money-back guarantee
Cons:
- Not a learning tool. The algorithms do all the work, so users learn nothing of patterns or trends
- Only a guide on what trends to capitalize on
- As the software is internet-based, you must have a high-quality internet connection
- Beginners might have difficulty grasping the graphs and charts
Cost
While prices vary depending on sales, the running price seems to hover around $37. this puts it in the affordable category, as most trader will lose way more in a loss.
Conclusion
Though the Forex Trendy system’s designers claim it can provide results at an accuracy rate of about 90%, this has not always proved true. Though some individuals have seen some significant profits with this software, success rates are nowhere near the 90% mark.
That said, this system is intended to be just one tool in the arsenal of the average Forex trader. In using algorithms to analyze the market and provide helpful graphs, charts, and recommendations, it more than delivers on its promise. Once these recommendations and data are in hand, it is up to the user’s discretion to determine what is a wise investment and what is not.
In short, this system has the potential to help maximize profits and reduce losses, but its success often hinges on the experience of the user. Overall, it can be said that Forex Trendy is definitely a handy tool that can be utilized to maximize profits and minimize loses.
As with all trading it is important that you are familiar with the trends and patterns before making a trade. Luckily, there are plenty of free resources that can help you make an informed decision before your next trade.
If you’re interested in learning how to identify trends and patterns Forex Trendy even provides a short video on how their process works. Happy investing!
—–> Check it out here
