Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low CADHKD Price Change
6.07770 6.10795 6.06680 6.10563 +0.02793
Entry Signal

MarketClub’s Trade Triangles for CADHKD

long term down The long term trend has been DOWN since Mar 5th, 2018 at 6.05340

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2018 at 6.24980

short term up The short term trend has been UP since Mar 20th, 2018 at 6.01165

Smart Scan Analysis for CADHKD

Based on a pre-defined weighted trend formula for chart analysis, CADHKD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.07770 6.10795 6.06680 6.10563 +0.02793
Prev. Close Volume Bid Ask Time
6.07770 6.10503 6.10623 2018-03-23 10:54:10
Want to analyze Canadian Dollar/Hong Kong Dollar CADHKD or another symbol? Try our Free Forex Trend Analysis Report.