Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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
2.15200 2.15275 2.15175 2.15200 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 down The intermediate term trend has been DOWN since Mar 15th, 2018 at 2.3932

short term up The short term trend has been UP since May 22nd, 2018 at 2.1368

Smart Scan Analysis for BRLHKD

Based on a pre-defined weighted trend formula for chart analysis, BRLHKD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.15200 2.15275 2.15175 2.15200 0.00000
Prev. Close Volume Bid Ask Time
2.15200 2.15000 2.15400 2018-05-23 05:51:20
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