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Forex Trend Analysis Report

Prepared for you on Sunday, May 28, 2017.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
2.37965 2.39315 2.37965 2.38970 +0.01005
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term down The long term trend has been DOWN since May 18th, 2017 at 2.4263

intermediate term down The intermediate term trend has been DOWN since May 18th, 2017 at 2.4263

short term down The short term trend has been DOWN since May 18th, 2017 at 2.4934

Smart Scan Analysis for BRLHKD

Based on a pre-defined weighted trend formula for chart analysis, BRLHKD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.37965 2.39315 2.37965 2.38970 +0.01005
Prev. Close Volume Bid Ask Time
2.37965 2.38710 2.39230 2017-05-26 18:53:42
Want to analyze Brazilian Real/Hong Kong Dollar BRLHKD or another symbol? Try our Free Forex Trend Analysis Report.