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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

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_HKDBRL
Open High Low HKDBRL Price Change
0.49894 0.49894 0.49862 0.49864 -0.00030
Entry Signal

MarketClub’s Trade Triangles for HKDBRL

long term down The long term trend has been DOWN since Oct 17th, 2018 at 0.469855

intermediate term up The intermediate term trend has been UP since Nov 13th, 2018 at 0.482685

short term up The short term trend has been UP since Dec 17th, 2018 at 0.501685

Smart Scan Analysis for HKDBRL

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

+60
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49894 0.49894 0.49862 0.49864 -0.00030
Prev. Close Volume Bid Ask Time
0.49894 0.49819 0.49909 2018-12-18 05:30:18
Want to analyze Hong Kong Dollar/Brazilian Real HKDBRL or another symbol? Try our Free Forex Trend Analysis Report.