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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BRLHKD
Open High Low BRLHKD Price Change
2.42195 2.42195 2.42195 2.42195 0.00000
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term down The long term trend has been DOWN since Nov 3rd, 2017 at 2.3671

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 2.4104

short term up The short term trend has been UP since Nov 16th, 2017 at 2.3860

Smart Scan Analysis for BRLHKD

Based on a pre-defined weighted trend formula for chart analysis, BRLHKD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.42195 2.42195 2.42195 2.42195 0.00000
Prev. Close Volume Bid Ask Time
2.42195 2.41940 2.42450 2017-11-23 00:35:04
Want to analyze Brazilian Real/Hong Kong Dollar BRLHKD or another symbol? Try our Free Forex Trend Analysis Report.