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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CHFHKD
Open High Low CHFHKD Price Change
7.8311 7.8311 7.8311 7.8311 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term down The long term trend has been DOWN since Oct 31st, 2018 at 7.79560

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 8.03723

short term up The short term trend has been UP since Nov 14th, 2018 at 7.79075

Smart Scan Analysis for CHFHKD

Based on a pre-defined weighted trend formula for chart analysis, CHFHKD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.8311 7.8311 7.8311 7.8311 0.0000
Prev. Close Volume Bid Ask Time
7.8311 7.8301 7.8321 2018-11-18 04:43:01
Want to analyze Swiss Franc/Hong Kong Dollar CHFHKD or another symbol? Try our Free Forex Trend Analysis Report.