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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.

Open High Low HKDARS Price Change
4.7678 4.7699 4.7634 4.7694 +0.0016
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long term trend has been UP since May 18th, 2017 at 2.05000

intermediate term up The intermediate term trend has been UP since Nov 23rd, 2018 at 4.72490

short term up The short term trend has been UP since Dec 5th, 2018 at 4.84645

Smart Scan Analysis for HKDARS

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

Smart Scan Analysis for HKDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7678 4.7699 4.7634 4.7694 +0.0016
Prev. Close Volume Bid Ask Time
4.7678 4.7689 4.7699 2018-12-10 03:11:18
Want to analyze Hong Kong Dollar/Argentine Peso HKDARS or another symbol? Try our Free Forex Trend Analysis Report.