Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_HKDBRL
Open High Low HKDBRL Price Change
0.474575 0.474930 0.470775 0.473705 -0.000870
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 down The intermediate term trend has been DOWN since Sep 26th, 2018 at 0.514720

short term down The short term trend has been DOWN since Oct 2nd, 2018 at 0.510300

Smart Scan Analysis for HKDBRL

Based on a pre-defined weighted trend formula for chart analysis, HKDBRL scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.474575 0.474930 0.470775 0.473705 -0.000870
Prev. Close Volume Bid Ask Time
0.474575 0.473260 0.474150 2018-10-19 18:32:48
Want to analyze Hong Kong Dollar/Brazilian Real HKDBRL or another symbol? Try our Free Forex Trend Analysis Report.