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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

British Pound/Hong Kong Dollar (FOREX:GBPHKD)

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_GBPHKD
Open High Low GBPHKD Price Change
10.312800 10.426700 10.310245 10.387265 +0.074465
Entry Signal

MarketClub’s Trade Triangles for GBPHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 10.736765

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 10.212905

short term up The short term trend has been UP since Sep 7th, 2018 at 10.184790

Smart Scan Analysis for GBPHKD

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

+60
Smart Scan Analysis for GBPHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.312800 10.426700 10.310245 10.387265 +0.074465
Prev. Close Volume Bid Ask Time
10.312800 10.386580 10.387950 2018-09-20 14:23:56
Want to analyze British Pound/Hong Kong Dollar GBPHKD or another symbol? Try our Free Forex Trend Analysis Report.