Forex trading has always been an attractive option to many but its complexities act as a deterrent. If you are looking at trading in the Forex market, you would need some tools, some 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 view into what this is!
Forex Trendy is a software-based Forex trading tool that does not require any downloads for use. It does an automatic study of 34 currency pairs across nine primary time zones (that’s 306 charts) and presents easy, actionable data for you. Forex trading, is an international trading process, is working around the clock. The currency pairs selected by the program are the more popular ones and include 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 which you can 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 included that analyses various charts and shows up emerging patterns saving you precious time and energy poring over complex charts, trying to figure out a pattern 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 own account at a Forex trading platform like MetaTrader or NinjaTrader or any other.
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, a company name. This product can be purchase online only and is a ClickBank associate.
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, 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 choose to increase or decrease the trade frequency as per your individual requirement.
- The chart patterns are displayed in easy-to-understand visuals.
- You can opt for any trade platform to work with the actual trading. It does not restrict or recommend any one specific platform unlike most other products out there.
- You get a free ebook called “Understanding the Myths of Market Trends and Patterns” which is a plus and makes for informative reading material.
- With its wide range of currency pairs and chart analysis, it can bring to attention trends that even seasoned traders may miss at times!
- Priced at $37 for a three-month membership, it is one of the most reasonably-priced items in the Forex trading tools niche.
Forex trading is never easy, and no product is perfect – you just need to know how to correctly use the tool you have 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 who you can speak to in real-time. I would like to know that if I have an issue now, I can just reach out to 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 know-how about the Forex market, be able 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 fairly, and they are timely, but sometimes you just need more prompt actionable advice.
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 to me; 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-monthly membership plan make it a product you can definitely try out!
My advice is 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 then surely guide you well.