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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

/Hong Kong Dollar (FOREX:CNHHKD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

FOREX_CNHHKD
Open High Low CNHHKD Price Change
1.13645 1.13865 1.13405 1.13425 -0.00220
Entry Signal

MarketClub’s Trade Triangles for CNHHKD

long term down The long term trend has been DOWN since May 28th, 2018 at 1.22615

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 1.14045

short term up The short term trend has been UP since Dec 12th, 2018 at 1.13625

Smart Scan Analysis for CNHHKD

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

+60
Smart Scan Analysis for CNHHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.13645 1.13865 1.13405 1.13425 -0.00220
Prev. Close Volume Bid Ask Time
1.13645 1.13400 1.13450 2018-12-13 11:32:47
Want to analyze /Hong Kong Dollar CNHHKD or another symbol? Try our Free Forex Trend Analysis Report.