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Is Forex Trendy a Scam? – Trendy But Risky

PRODUCT NAME: Forex Trendy

OWNER NAME: Unknown

WEBSITE: http://www.forextrendy.com/

RATING: 7/10

Are you fond of trading on Forex? Then you know that you can possibly improve your chance of getting a better profit when you are able to predict the currency trend before trading. Forex Trendy is one of the potential software used to help Forex traders achieve this goal but of course you will ask is Forex Trendy a scam? To help you understand whether this Forex trading software can do you any good with your trading activities, here’s our Forex Trendy review.

What is Forex Trendy?

Forex Trendy is a Forex trading software that helps predict the best trend in Forex trading by scanning all currency pairs on different time frames to help improve the odds of gaining profits. By providing its prediction about the currency pairs you will know when is the best time to trade with a higher potential of gaining bigger profits from trading. According to the site, their Forex trading software will give you an opportunity of trading at the right time instead of trading blindly. What some may find helpful in using the Forex Trendy system is it helps them save time from learning how to actually trade in Forex by reading and educating themselves about Forex trading. By using the system alone, you no longer need to make your own analysis when to trade because you can use its prediction system that tells you whether it is a good time to trade or not. At a cost of $37 quarterly, you will be able to have access to the Forex Trendy system.

How Forex Trendy Works

Your quarterly subscription will entitle you to have an access to the Forex Trendy software. Your registration will allow you to create your own account where you can customize the options you prefer from the settings of the software. You can select the period and the market that you want to have a prediction. Once the system gets rolling in making its prediction, all you have to do is relax and wait for the result which is emailed to you or you will get an audio alert from the device to which the system is connected. The program comes with different features such as live charts which show the emerging patterns on the Forex market and its history. You can use the data to make educated guesses when trading. There is also a Forex eBook which provides the basics about Forex trading and samples on how to monitor the market trend and understanding patterns. The system also has the Market Pattern Recognition feature which helps in identifying the best patterns in the Forex market. This enhances your speed in predicting the market trend on when you can earn better profits.

What is good about Forex Trendy

The support system provided by Forex Trendy is quite good. It is highly responsive in helping you with the difficulties of walking through the system and in using its features. The alerts you get from you email and audio is also effective in keeping you aware about the current market trading patterns and prediction on time. Price wise the program is reasonably sold in the market as it gives you a cheaper option to use the software for at least 3 months for the meantime that you do not want to subscribe for the entire year. The interface of the software is also easy to use and is quite intuitive. The resource material about Forex trading is also good to use since it contains basic Forex trading information. You also get a 60-day money back guarantee.

What is not good about Forex Trendy?

While there seems to be many good things about the system what is quite alarming is the non-disclosure of its owner which remains unknown up to this time. Anyone who wants to make their product legitimate will always disclose their names in order to add some credibility on their product and make it more trustworthy. The fact that Forex Trendy claims their software works with a guaranteed 90% good result is also quite hard to bank on. The Forex market is quite unpredictable and it is not so possibly to be able to predict it at this accuracy rate.

Conclusion

Forex Trendy appears to be very interesting and it is difficult to answer yes if you ask is Forex Trendy a scam? since there are good features that comes with the program. It may be useful to use its prediction tool but there are some reasons why you should also be more careful about the risks of using the software. The fact that there is no way of knowing who actually created the system and not explaining how their algorithms work in predicting the currency trend, you should exercise better judgment and it is always best not to rely on the software too much and educate yourself about the Forex trading basics.

 

Evelyn

One Comment

  1. I’m a bit torn on this since I’ve read from some users that they don’t respond to refund requests. Is this true? If so, that’s really off-putting. Still, on paper this is exactly what I’m looking for, since I’m starting with trend trading right now.
    You mention the patterns feature. This review, however, says they are not really useful: https://www.tradeandthrive.com/forex-trendy-review/
    I’m hoping they just don’t know what they’re talking about, since I regularly use flags and wedges. Before I give it a shot, I’d really like to know if this is true or not. What’s your experience with that?

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