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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low CHFHKD Price Change
8.00661 8.01335 7.96850 7.98195 -0.02466
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term up The long term trend has been UP since Jan 12th, 2018 at 8.069320

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2018 at 8.258045

short term down The short term trend has been DOWN since Apr 12th, 2018 at 8.179860

Smart Scan Analysis for CHFHKD

Based on a pre-defined weighted trend formula for chart analysis, CHFHKD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.00661 8.01335 7.96850 7.98195 -0.02466
Prev. Close Volume Bid Ask Time
8.00661 7.98100 7.98290 2018-04-25 20:09:51
Want to analyze Swiss Franc/Hong Kong Dollar CHFHKD or another symbol? Try our Free Forex Trend Analysis Report.