Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)

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_CADHKD
Open High Low CADHKD Price Change
5.945950 5.947300 5.922500 5.929185 -0.016765
Entry Signal

MarketClub’s Trade Triangles for CADHKD

long term down The long term trend has been DOWN since Mar 5th, 2018 at 6.0534

intermediate term up The intermediate term trend has been UP since Jul 8th, 2018 at 6.0025

short term down The short term trend has been DOWN since Jul 17th, 2018 at 5.9410

Smart Scan Analysis for CADHKD

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

-75
Smart Scan Analysis for CADHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.945950 5.947300 5.922500 5.929185 -0.016765
Prev. Close Volume Bid Ask Time
5.945950 5.928620 5.929750 2018-07-18 06:38:23
Want to analyze Canadian Dollar/Hong Kong Dollar CADHKD or another symbol? Try our Free Forex Trend Analysis Report.