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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 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
10.386915 10.432675 10.376200 10.386025 -0.000890
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 Jul 8th, 2018 at 10.445950

short term up The short term trend has been UP since Jul 16th, 2018 at 10.391900

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
10.386915 10.432675 10.376200 10.386025 -0.000890
Prev. Close Volume Bid Ask Time
10.386915 10.385340 10.386710 2018-07-16 21:58:46
Want to analyze British Pound/Hong Kong Dollar GBPHKD or another symbol? Try our Free Forex Trend Analysis Report.