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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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
0.416105 0.416565 0.415135 0.416345 +0.000240
Entry Signal

MarketClub’s Trade Triangles for HKDBRL

long term down The long term trend has been DOWN since Jan 26th, 2018 at 0.399925

intermediate term up The intermediate term trend has been UP since Feb 6th, 2018 at 0.414895

short term up The short term trend has been UP since Feb 20th, 2018 at 0.414590

Smart Scan Analysis for HKDBRL

Based on a pre-defined weighted trend formula for chart analysis, HKDBRL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.416105 0.416565 0.415135 0.416345 +0.000240
Prev. Close Volume Bid Ask Time
0.416105 0.415930 0.416760 2018-02-21 13:58:27
Want to analyze Hong Kong Dollar/Brazilian Real HKDBRL or another symbol? Try our Free Forex Trend Analysis Report.