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Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

/Hong Kong Dollar (FOREX:CNHHKD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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 CNHHKD Price Change
1.18765 1.18885 1.18680 1.18775 +0.00010
Entry Signal

MarketClub’s Trade Triangles for CNHHKD

long term up The long term trend has been UP since May 26th, 2017 at 1.14225

intermediate term up The intermediate term trend has been UP since Jul 18th, 2017 at 1.15435

short term down The short term trend has been DOWN since Sep 11th, 2017 at 1.19675

Smart Scan Analysis for CNHHKD

Based on a pre-defined weighted trend formula for chart analysis, CNHHKD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CNHHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.18765 1.18885 1.18680 1.18775 +0.00010
Prev. Close Volume Bid Ask Time
1.18765 1.18750 1.18800 2017-09-20 14:03:41
Want to analyze /Hong Kong Dollar CNHHKD or another symbol? Try our Free Forex Trend Analysis Report.