What Is Forex Trendy?
Forex Trendy is a forex research and scanning software accessible from a web browser and downloadable as a software solution. Forex Trendy supports the 34 biggest forex trading pairs and is ideal for expert investors looking to automate their research process.
Forex Trendy calculates thousands of scenarios using pure price action, and the software is very user-friendly, so beginners won’t have trouble keeping up.
In this quick Forex Trendy summary, I will go over all the best features of this platform. If you want to read a more in-depth analysis, check out our full Forex Trendy review.
Pros & Cons of Forex Trendy
Pros
- Easy-to-use software
- Choose from 9 different charts
- Support 34 trading pairs
- Calculates trends using pure price action
- Run scans every minute or every month
- No download required
Cons
- Limited number of assets supported
Set Up Scans And Get Notified
Forex Trendy tracks 34 of the most commonly traded currency pairs, and it’s the perfect software during times of market uncertainty. Forex Trendy doesn’t rely on indicators; instead, it finds trends using pure price action. Forex Trendy runs hundreds of computations every second, and you can choose from 9 advanced charts to visualize the data of a particular pair.
Forex Trendy works particularly well with brokerages like MetaTrader, TradeStation, and NinjaTrader, as most are compatible with the Forex Trendy software.
Forex Trendy Performance
Most forex robo advisors or investing systems fail during turbulent markets. Forex Trendy takes a different approach and avoids this situation altogether; it recognizes the most stable trading pairs and focuses its computer power on finding the most profitable patterns.
With this approach, you may find yourself with no recommendations for very short periods – but whenever you get an alert, you can be sure it’s a winner.
Get Notified Automatically
When setting up your account, you can set up alerts and get notified whenever Forex Trendy finds an opportunity for profit. You set up audible alerts or get an email notification – it’s up to you. The signals will include all the information you need about a particular trading pair, including the type of pattern it spotted and the recommended time frame you should choose to visualize the pattern.
This is an excellent feature for traders who can’t afford to spend hours every day looking at charts and beginners who prefer actionable recommendations to do their research.
Forex Trendy Fees
- Forex Trendy: $37/quarterly
That’s just $3 every week, which makes Forex Trendy one of the most affordable forex research options out there when compared with platforms like BlackBull Markets and FTMO, which require a considerable initial deposit to get started.
If you’d rather go for a platform that doesn’t charge recurrent fees but just a one-time fee, we strongly recommend 1000pip Climber System.
Sign-Up Process
Anyone can register and create a Forex Trendy account. There are no special requirements, and the quarterly fee is affordable for all types of traders. Here are the steps to purchase the Forex Trendy Scanner:
- Visit Forex Trendy’s website
- Scroll down and click Add To Cart
- Enter a valid email and fill in some of your basic information
If you use our link to sign up, you’ll get a discount and the option to join Forex Trendy’s referral program.
Forex Trendy Reviews
Forex Trendy has excellent reviews from its users worldwide. Here’s what some of those users have to say about Forex Trendy:
- “I like your idea of taking only the est-trending pair and even time frame. I am very impressed with such a simple and effective approach. I am not a tech guy, and I am amazed at how it works online without anything to install… I log in two times a day and check for interesting pairs.” – Stephen R.
- “I use this software daily with my system and two EAs. I execute trades only when the trend drawdown is below 15%, so I decreased the trade frequency, but I got two times better results. I am also interested in pattern recognition, I haven’t tried it yet, but it looks amazing!” – Julien L.
- “I would highly recommend this service to anyone serious about forex trading. Another one that gives back much more than he receives. The real value for such a low price is rare in the forex industry.” – Sebastian E.
If you are not entirely convinced that this particular service is for you after reading these reviews, we recommend checking out our ForexSignals review. ForexSignals is a trading room where new and experienced traders can further their education by exchanging strategies and accessing exclusive content.
In Summary
Forex Trendy is an excellent forex research and scanning software for knowledgeable forex traders. It supports 34 of the most commonly traded forex pairs, has a very affordable subscription plan, and has customizable alerts that will notify you whenever a pattern is starting to emerge. Whether you’re a beginner or an experienced investor, we’re confident you will benefit from using Forex Trendy.