Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for HKDARS
The long term trend has been UP since May 18th, 2017 at 2.0500
The intermediate term trend has been UP since Oct 24th, 2017 at 2.2481
The short term trend has been DOWN since Nov 14th, 2017 at 2.2385
Smart Scan Analysis for HKDARS
Based on a pre-defined weighted trend formula for chart analysis, HKDARS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).