Forex Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for CHFHKD
The long term trend has been UP since Jan 12th, 2018 at 8.06932
The intermediate term trend has been UP since Nov 22nd, 2017 at 7.92621
The short term trend has been UP since Jan 11th, 2018 at 8.02245
Smart Scan Analysis for CHFHKD
Based on a pre-defined weighted trend formula for chart analysis, CHFHKD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).