If you re into foreign exchange trading you probably understand that this market is usually volatile. As an investor, you can get rich quickly, and at the same time, you can make huge losses if you aren’t careful. The biggest hurdle in this venture is learning how to read the trends. This task is time-consuming, and it can be challenging, especially for beginners. Most people lose significant amounts of money before they grasp how to read the trends and convert this information into profits. That’s where forex trading software comes in.
Before deciding to use any of this software, you must get unbiased reviews about the product and how to use it. This article will offer a genuine review of Forex Trendy software. This forex trading software assists traders to scan currency pairs in seconds and determine if it’s the best time to trade.
Table of Contents
Overview of Forex Trendy
This is a cloud-based computing software that assists forex traders in making wise decisions at the forex market after analyzing the prevailing trends. Forex trendy has been widely accepted as one of the best forex trading software that can assist a forex trader in making considerable profits from their investment.
This tool presents its research findings in the form of graphs and charts to help the trader determine if the time is ripe for trading. Additionally, the software informs you when the market is experiencing unstable patterns, thus warning you not to trade. If you use the tool effectively, you can avoid making significant loses by refraining for trading when the market is volatile.
How Does Forex Trendy Work?
Forex trendy works in a similar fashion to other forex trading software. You gain access to use of the tool after paying a quarterly fee. The software guarantees to help you avoid trading when the market is unstable, thus saving you from loses. It offers you information on the best currency pair besides minimizing your potential fails.
As a forex scanner software, Forex Trendy operates online; thus, you don’t have to download the software or install it before using. All you should do is to open your user account after paying the subscription fee.
This forex scanner allows you to scan 34 pairs of currencies in minutes for a period of up to one month as per your preference. Once you sign up for a membership, you’ll gain access to their custom settings. In this interface, chose the market and the period you want to scan, the tool will then generate results in the form of trends, charts, and graphs. You’ll receive an email and an audio notification to let you know the results are ready.
Since Forex Trendy is just a forex scanner, you must understand the information you get from this tool is an educated guess and not a conclusive answer of the decisions you need to make in the forex market. Thus you can expect a few loses here and there.
This forex trading scanner uses a sophisticated algorithm to identify market trends that may yield impressive results.
Forex Trendy Package Details
When you purchase Forex Trendy, the package includes the following items:
- Thirty-four real-time charts of Popular currency pairs
- Auto analysis for charts which can identify significant currency patterns pairs
- A guide which gives you an overview of the charts and currency pairs
- Triangles and flags of the popular currency pairs in the market
- Email alerts for the buyer with forex analysis
- 24/7 access to the website of Forex Trendy so you can get help
Forex Trendy VS. Other Forex Scanners
Forex Trendy is somewhat different from other forex trade software in the market. Unlike like most forex scanners, this tool doesn’t train you how to pick out trades. Besides, it’ll not execute forex trading on your behalf like popular forex trading programs in the market like the Wall Street Forex Robot. Forex Trendy works as a market action- dependent trend algorithm.
This forex scanner keeps on scanning the 34 main forex current pairs after the prescribed duration that spans from 30 seconds to 30 days. The scanning will assist in locating crucial trends in the market based on live charts in the forex market. This forex scanner is made in such a way that it can pick out any notable pattern breakouts as they occur and alerts the user via an audio alert besides sending an email alert.
Thus though this tool won’t pick current pairs for you, either train you on success secrets in the market, it’ll handle the dirty game in the market for you.
The Pros of Forex Trendy
1. User-friendly interface
Though forex trading can be a hell due to complicated technical display, Forex Trendy makes the presentation of this information simpler. The software comes with useful resources, including a free Forex guide e-book to assist beginners in getting a quick understanding of the patterns and charts in the market. The forex scanner comes packed with all the resources that both a beginner and an average trader needs for the trading.
2. Real-time alerts about Forex charts and analysis
Every time the scan results are out, the program will send you an instant audio and email alert. Thus you don’t have to keep on staring at the screen awaiting the results.
3. Money-back guarantee
If you aren’t satisfied with this tool, you are guaranteed to receive your money after 60 days. If you have experienced loses due to non-functional forex trading software, you need not worry, you can claim your money back with Forex Trendy.
4. Auto recognizing flags, triangles, trend line and wedges
One of the striking features of Forex trendy is the new auto- recognizing triangles, wedges, flags, and trend lines. This assists the user to quickly locate reliable patterns in the chart, thus minimizing the time the trader will spend trying to understand the results. This feature is handy to breakout traders.
5. Trading platform simplicity
Forex trendy makes forex trading easier for both beginners and pro traders. It assists to spare the trader the headache of making wrong moves and losing trades. Courtesy of its user-friendly interface the user finds it easy to make critical decisions about trades.
Since this is a cloud-based Forex trading software, you can access it from any location and at any time of the day. It has no restrictions on personal compare usage. You don’t have to install it on your computer.
7. Forex Trendy price is affordable
Forex trendy is one of the most affordable forex trading software in the market, for as little as $ 37 every month, you’ll gain access and use the forex scanner. Thus it becomes a readily available tool for beginners in forex trading due to the price. Additionally, if you’re an affiliate for the program, you get some extra bucks.
8. Backup system
This forex scanning tool has a robust backup system; thus, you can witness immediate results and earn money instantly. Besides, the program permits you to use your preferred trading platform.
9. Free Forex guide e-book/manual
The program comes with an instruction manual that offers comprehensive information on how to use the forex scanner. Besides, the manual will enable the user to make full use of the forex scanner. The guide book will offer all the necessary information a beginner in forex trading requires.
10. Automated Forex analysis
The program provides automatic analysis handling as a bonus. If you’re a member, you can view the processing of charts no matter the complexity.
11. Filter choice
This software enables you to monitor control of time periods and some markets
12. Live Forex charts
Forex trendy allows the users to view live Forex charts and get information on the best currency pairs that will bring excellent returns. For the live charts, you can compare, analyze, and pick your best currency pairs based on the prevailing trends.
The Cons of Forex Trendy
Though Forex trendy has significant benefits to forex traders, it’s also essential to look at its drawbacks. They include:
1. Risky trading
Some people have doubts about software controlling how they make money. It can be a dangerous affair, especially if the system experiences any malfunctions. Though this can hardly happen, it’s a possibility.
2. Comprehending the results
Before you start using the program, you must familiarize yourself with the interpretation of information in the charts and graphs in the scan results are presented in this format. Additionally, you must make prompt responses when you get the audio and email alerts, or else you’ll miss valuable opportunities.
3. Connectivity issues
Since it’s a cloud-based program if you have a problem with inadequate network coverage, you may find it challenging to access the tool. This can be frustrating to users. If you plan to use this program, make sure you have a stable internet connection.
4. No guaranteed profits
Though the program will do comprehensive research and offer the result to the user, you’ll have no guarantee that you’re going to succeed in the trades you make. The information you’ll get from the chars tar just a guide to assist you in making the right moves.
5. Undisclosed owner
No one knows the real owners of Forex Trendy. Some people may have difficulties trusting a product they don’t see the owner. This may raise questions of credibility and legitimacy. This issue may warrant critics to slam this program as an owner using this excuse as the basis of their argument.
6. Over-rated product
Though Forex Trendy has some indisputable benefits to forex traders, the product has been over-rated through hyped marketing. If you decide to sign up for the affiliate program of this tool, you should be cautious to over-promise your clients. This product has over-hyped marketing tactics aimed at making high sales.
If you are looking at improving your earnings from forex trading, Forex Trendy can be a worthy investment. The tool will help you to get real-time data that is valuable in making the right moves in the forex market. Besides the software comes with guidelines that are critical in directing both beginners and pro forex traders.
In a few seconds to minutes, you can know the best currency pairs in the market and the latest trends in the forex market. Additionally, you get instant notifications through an audio message or email every time the scan results are out. This information is crucial since you are alerted when promising opportunities are available.
The pricing for this forex scanner is affordable to many people, including beginner traders who are yet to make any meaning full profit from forex trading.
Finally, if you aren’t pleased with this program, you can get your refund in 60 days. Based on the benefits of the forex scanner and the price; I can recommend the program to users.