Forex Trendy – Does It Really Work? (2024)

cbstore June 24, 2020

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!

Forex Trendy – Does It Really Work? (1)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.

Forex Trendy – Does It Really Work? (2)

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.

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, a company name. This product can be purchase 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, 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.
    Forex Trendy – Does It Really Work? (3)
  • 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.

Negatives

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.

My Verdict

Forex Trendy – Does It Really Work? (4)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.


All orders are protected by SSL encryption - the highest industry standard for online security from trusted vendors.

Forex Trendy – Does It Really Work? (5)

This product is backed with a 30-60 Day No Questions Asked Money Back Guarantee. If within the first 30-60 days of receipt you are not satisfied with the product, you can request a refund by sending an email to the ClickBank email address given inside the product and ClickBank® will immediately refund your entire purchase price, with no questions asked.

Related

Tags: Forex, Forex Trendy Review

Forex Trendy – Does It Really Work? (2024)

FAQs

Has anyone actually made money from forex? ›

Yes, making money in Forex trading is possible but challenging. Hedge funds are among the market participants in the forex market, alongside central banks, financial institutions, corporations, and individual traders. Currency trading is dynamic and requires a blend of knowledge, strategy, and emotional discipline.

Does trend trading work in forex? ›

Trading trends in forex provides you with opportunities to identify the strong market direction and enter an order accordingly. With the help of technical analysis, trend trading also allows you to predict future price movements.

Are trend lines reliable in forex? ›

If drawn correctly, they can be as accurate as any other method. Unfortunately, most forex traders don't draw them correctly or try to make the line fit the market instead of the other way around. In their most basic form, an uptrend line is drawn along the bottom of easily identifiable support areas (valleys).

Is forex trading real and legit? ›

Is forex legit? Yes, the forex market can be a legitimate way to trade and invest. Forex, short for foreign exchange, is the largest financial market in the world.

How much can you make with $1000 in Forex? ›

Well, this depends on how much you're risking per trade. If you risk $1000, then you can make an average of $20,000 per year. If you risk $3000, then you can make an average of $60,000 per year. If you risk $5000, then you can make an average of $100,000 per year.

How much money do day traders with $10,000 accounts make per day on average? ›

On average, day traders with $10,000 accounts can make $200-$600 per day, with skilled traders aiming for 2%-5% returns daily. So, it is possible to achieve a daily profit of $200 to $600 with a $10,000 account.

What is the success rate of trend trading? ›

Trend Trading and Risk Management

When buying trending instruments, there is a high probability that your position could reverse and hit it's stop loss before turning into a major trend. So the win rate of a typical trend following system is between 30-50%.

Does forex trend better than stocks? ›

If you are interested in a fast-paced environment, forex provides ample opportunities for short-term traders – such as day traders, scalp traders or swing traders. If you're looking to take advantage of short to mid-term trends, or less volatility, the stock market could be for you.

When should you not trade forex? ›

When should you not trade forex? While the forex market is a 24 hours a day, 5 days a week market, there are certain situations when you should stay on the sideline. These include bank holiday hours, high impact news, important central bank meetings and illiquid market hours.

Do professional traders use trendlines? ›

Professional traders always want to know where the market is going and whether it's heading up or down. They'll use trend lines, indicators, and other technical analysis tools to help them figure this out.

What mistakes do people getting into forex trading make? ›

Common Beginner's Forex Trading Mistakes
  • Failing to use a VPS host. For Forex, investing in Windows VPS hosting is vital to success. ...
  • Trading without a Safety. ...
  • Ignoring Economic Data and News Events. ...
  • Lack of Education and Consistency. ...
  • Overconfidence and Revenge Trading. ...
  • Correlated Trades. ...
  • Taking Excessive Risks.
Jun 7, 2024

How realistic is forex trading? ›

Many retail traders turn to the forex market in search of fast profits. Statistics show that most aspiring forex traders fail, and some even lose large amounts of money. Leverage is a double-edged sword, as it can lead to outsized profits but also substantial losses.

Can you make a living trading forex? ›

While it is possible to make a living off Forex trading, it requires hard work and continuous learning. It is crucial to have realistic expectations and understand that success does not come overnight. It is also important to note that making a living through Forex trading may not be suitable for everyone.

Is forex legal in the US? ›

Are Forex Brokers and Forex trading legal in the U.S.? Yes, forex brokers are legal in the U.S., but they must be registered with and regulated by the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA).

How to spot a forex scammer? ›

Besides trolling for victims on social media or messaging apps, here are 10 other telltale signs an online trading platform is a fraud:
  1. It isn't registered to trade forex, futures, or options.
  2. Trades crypto, but not registered as a money service business.
  3. No physical address, it's clearly fake, or offshore.

Has anyone gotten rich from forex trading? ›

One of the most famous examples of a forex trader who has gotten rich is George Soros. In 1992, he famously made a short position on the pound sterling, which earned him over $1 billion. Another example is Michael Marcus, also known as the Wizard of Odd.

What is the success rate of Forex? ›

It is said that more than 90% of traders lose in Forex and quite trading. Only 10% survive. There are many reasons for this. The main reason is the irresponsibility of people who start to trade.

What are the chances of making money in Forex? ›

Forex trading can be profitable, but it is not a guaranteed way to make money. Success in forex trading depends on individual skills, knowledge, risk management, and market conditions. Calculating profitability involves considering factors like ROI, which compares gains and losses over a specific period.

How long does it take to make money on Forex? ›

There are important lessons to learn when it comes to approaching markets, executing trades and monitoring risk. Achieving break-even at the end of year one can be a victory. Most currency traders who can at least break even after one year of trading will often become profitable traders in the years that follow.

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