Forex trading has always been attractive to many, but its complexities act as a deterrent. If you want to trade in the Forex market, you will need tools, indicators, and a good trading platform to help you along.
Here, I’ve reviewed a popular ClickBank product – Forex Trendy. Let’s take an in-depth look at what this is!
Forex Trendy is a software-based Forex trading tool that does not require any downloads. It automatically studies 34 currency pairs across nine primary time zones (that’s 306 charts) and presents accessible, actionable data for you. Forex trading is an international trading process that is working around the clock. The currency pairs selected by the program are the more popular ones, including gold, silver, and oil. It helps detect the soundest trending ones.
You can purchase a three-month membership to begin, giving you access to a member’s area to log in from any device and place. There are no downloads to be done at all! The member’s area contains live charts of trending currency pairs and automated analysis of “Triangles, Flags, Wedges and Trend Lines on 34 currency pairs and all time frames” as a bonus, states the website. This gives you an overview of trading setups with high probability ratios. There is also an automated pattern-finding tool that analyses various charts and shows emerging patterns, saving you precious time and energy poring over complex charts and trying to figure out a way for yourself! I loved this feature!
An important point to note here is that Forex. Trendy does not include a trading platform. You will require your account at a Forex trading platform like MetaTrader NinjaTrader, or any other.
The Creators
Not much is known about who is actually behind the product. The product designer has successfully kept his identity a secret, so with even a bit of in-depth research, I could not locate a name that I could associate with the product. All we have is the name of the service – Forex Trendy- and a company name. This product can be purchased online only and is a ClickBank associate.
Positives
Forex Trendy has a lot that’s going well for it. Here are some of the pros of the product:
- The alert system can be set up to be visual and audio as well as via emails or to your phone via an SMS. You can choose whatever suits you best.
- You do not have to deal with CDs or any downloads to your machine.
- You can increase or decrease the trade frequency per your requirements.
- The chart patterns are displayed in easy-to-understand visuals.
- You can opt for any trading platform to work with the actual trading. Unlike most other products out there, it does not restrict or recommend any specific forum.
- You get a free ebook called “Understanding the Myths of Market Trends and Patterns,” which is a plus and makes for informative reading material.
- Its wide range of currency pairs and chart analysis can bring to attention trends that even seasoned traders may sometimes miss!
- Priced at $37 for a three-month membership, it is one of the most reasonably-priced items in the Forex trading tools niche.
Negatives
Forex trading is never easy, and no product is perfect – you must know how to use your tool correctly to get what you want. Here are some areas where I found Forex Trendy to be lacking and could do with some face-lifting:
- A service like this should have a live chat option or someone you can speak with in real-time. I would like to know that if I have an issue now, I can contact someone to sort it out immediately – after all, the markets are live!
- It’s a targeted service better suited to manual trading. It does not get into automatic trades for you. So you are looking for software to run on auto-pilot while you sit back; this is not for you.
- This is not for complete beginners. You need a little knowledge about the Forex market to make your trades, and so on. If you’ve been in the Forex trading market even briefly, only then will you find this product helpful.
- The customer support could do better. The emails are answered relatively and timely, but sometimes, you need more prompt, actionable advice.
My Verdict
Overall, Forex Trendy has been around for years, and it has a lot of satisfied members, so obviously, it is doing something right! I have seen a lot of 90% accuracy claims from actual users on forums. This builds my trust. Also, the charts inside the member’s area make sense; they are updated in real-time and have had reliable results. It’s not a scam, and that’s for sure!
The 60-day money-back guarantee and low tie-in of a three-month membership plan make it a product you can try out!
I advise this: first, learn all you can about Forex trading, try it a little on your own, and then venture ahead with Forex Trendy- it will surely guide you well.