Forex Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 Mar 27th, 2017 at 7.86755
The intermediate term trend has been UP since May 16th, 2017 at 7.89425
The short term trend has been UP since Jul 17th, 2017 at 8.12040
Smart Scan Analysis for CHFHKD
Based on a pre-defined weighted trend formula for chart analysis, CHFHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).