Forex Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
/Hong Kong Dollar (FOREX:CNHHKD)
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 CNHHKD
The long term trend has been UP since May 26th, 2017 at 1.14225
The intermediate term trend has been UP since Nov 22nd, 2017 at 1.18405
The short term trend has been UP since Jan 12th, 2018 at 1.20645
Smart Scan Analysis for CNHHKD
Based on a pre-defined weighted trend formula for chart analysis, CNHHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).