Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

/Hong Kong Dollar (FOREX:CNHHKD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_CNHHKD
Open High Low CNHHKD Price Change
1.12995 1.13165 1.12955 1.13055 +0.00060
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 down The intermediate term trend has been DOWN since Sep 17th, 2018 at 1.13940

short term down The short term trend has been DOWN since Oct 11th, 2018 at 1.12895

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).

-90
Smart Scan Analysis for CNHHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.12995 1.13165 1.12955 1.13055 +0.00060
Prev. Close Volume Bid Ask Time
1.12995 1.13030 1.13080 2018-10-19 18:20:50
Want to analyze /Hong Kong Dollar CNHHKD or another symbol? Try our Free Forex Trend Analysis Report.