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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

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_HKDCAD
Open High Low HKDCAD Price Change
0.162205 0.162955 0.162015 0.162585 +0.000380
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term down The long term trend has been DOWN since Jun 13th, 2017 at 0.170115

intermediate term up The intermediate term trend has been UP since Feb 5th, 2018 at 0.160005

short term up The short term trend has been UP since Feb 19th, 2018 at 0.160680

Smart Scan Analysis for HKDCAD

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

+70
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.162205 0.162955 0.162015 0.162585 +0.000380
Prev. Close Volume Bid Ask Time
0.162205 0.162570 0.162600 2018-02-22 23:40:15
Want to analyze Hong Kong Dollar/Canadian Dollar HKDCAD or another symbol? Try our Free Forex Trend Analysis Report.