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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Euro/Hong Kong Dollar (FOREX:EURHKD)

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_EURHKD
Open High Low EURHKD Price Change
9.171240 9.222700 9.159345 9.178700 +0.007460
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 9.4680

intermediate term up The intermediate term trend has been UP since Aug 26th, 2018 at 9.1353

short term up The short term trend has been UP since Sep 12th, 2018 at 9.1399

Smart Scan Analysis for EURHKD

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

+60
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.171240 9.222700 9.159345 9.178700 +0.007460
Prev. Close Volume Bid Ask Time
9.171240 9.176700 9.180700 2018-09-24 20:00:24
Want to analyze Euro/Hong Kong Dollar EURHKD or another symbol? Try our Free Forex Trend Analysis Report.