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.

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Tags: Forex, Forex Trendy Review

Forex Trendy – Does It Really Work? (2024)

FAQs

Forex Trendy – Does It Really Work? ›

Overall, our unbiased opinion is that Forex Trendy is a legitimate and useful Forex trading platform. The bottom line is this: If you want a software that will send you email alerts you to trends that help you make money, you should certainly try out their forex trend scanner software.

Is forex trendy legit? ›

The system itself works well and provides traders with precisely what it promises, although with Forex Trendy, as with every trading tool or system, we urge you not to rely on it as any kind of guarantee of profits or success.

Does trend trading work in forex? ›

Trend trading relies on the assumption that recent price movements will continue in the same direction. However, there is always a risk that the trend will reverse, causing losses for traders who are caught on the wrong side of the trade. Overbought/oversold risk.

Does anyone actually make money from forex? ›

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

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

First, however, let's assume you started day trading with a capital of $1000. In your strategy, you place a maximum of 15 trades a day (too many), lose 5 and win 10. You are looking at a total of 60 pips per day. As mentioned, you make roughly $20 a day.

Are there fake forex brokers? ›

If you come across a broker, firm, or company that claims it can guarantee profits, you may be dealing with a forex scam. Tranquil Trade FX does not hold any regulatory licenses from legitimate regulatory jurisdictions and has been listed on the FCA's warning list for unauthorised firms.

Are forex risky? ›

Risk in forex trading is the same as risk in any other market. If your positions go against you, you may have to close them at a loss instead of a profit. No trader gets it right 100% of the time, so learning how to manage and mitigate risk is a key part of achieving success.

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%.

When should you not trade forex? ›

There will be times where a currency is moving differently from normal. Perhaps price is spiking and you don't know why. This is a good time to stay out of the market. If you can't understand why price is behaving in a certain way, it is usually due to some unscheduled news that has been released or leaked.

Is trend trading profitable? ›

As investors have proven strategies to identify these trends and execute orders, trend trading is one of the safest and most profitable trading techniques.

How to turn $100 into $1000 in forex? ›

How to Grow Your 100 Dollar Forex Account From $100 to $1000
  1. Save up and start with at least $100 in your account.
  2. Use a broker that has low fees.
  3. Use leverage effectively.
  4. Consider using a robo-advisor to automate your Forex trades.
  5. Diversify your portfolio by investing in different currency pairs.

Can I trade forex with $100? ›

Even with $10, $100, $1,000, or a $15,000 funded account, you can begin to trade Forex and develop a forex income. Work your way up to those figures and can start building your account. Forex trading, also known as foreign exchange trading, is the practice of buying and selling world currencies.

Has anyone become a millionaire from forex? ›

The answer is yes! Forex can make you a millionaire if you are a hedge fund trader with a large sum. But forex from rags to riches for the majority is usually a rocky and bumpy ride which often leaves some traders in their dreams.

Is $50 dollars enough for Forex trading? ›

Trading forex with $50 may seem like a daunting task, but it is certainly possible. With proper risk management and a sound trading strategy, you can make the most out of your limited funds.

Can I start forex with $50? ›

You can start trading with an initial investment as low as $50.

Is $500 enough to trade forex? ›

Assuming you trade forex with the $500 on a broker who offers micro lots, here's what an excellent session would look like. Day trading the $500 in the forex market for 20 days per month using a micro lot of 20. The 20-micro lot will keep the risk below $5(1% of $500).

How do I know if my forex site is legit? ›

Some of the most reputable regulatory bodies for forex trading include the US Commodity Futures Trading Commission (CFTC) and the UK Financial Conduct Authority (FCA). You can verify a trader's licenses and regulations by checking their website or contacting the regulatory body directly.

How do I know if my forex company is legit? ›

Before Participating in Forex Trading, Ask, Ask, and Ask Some More!!
  1. Contact the CFTC to check the company's registration status, business background, and disciplinary history.
  2. Ask about the details of the forex trading market and your obligations if you participate.

How do I know if forex is legit? ›

How to Check If a Forex Broker is Legit in 5 Steps
  1. Check your Broker's Regulatory Info. Forex License Types. ...
  2. Check Regulator's Website Database and Quality. ...
  3. The Broker Guarantees High Immediate Returns. ...
  4. The Broker Does Not Respond to Queries. ...
  5. Read the Clients' Reviews.
Feb 1, 2024

What is the most legit forex broker? ›

  • Best Forex Brokers.
  • CMC Markets: Best Overall and Best for Range of Offerings.
  • London Capital Group (LCG): Best for Beginners.
  • Saxo Capital Markets: Best for Advanced Traders.
  • XTB Online Trading: Best for Low Costs.
  • IG: Best for U.S. Traders.
  • Pepperstone: Best for Trading Experience.
  • Frequently Asked Questions.

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