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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

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_HKDCAD
Open High Low HKDCAD Price Change
0.162905 0.163275 0.162565 0.162825 -0.000080
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 down The intermediate term trend has been DOWN since Nov 23rd, 2017 at 0.162340

short term down The short term trend has been DOWN since Nov 22nd, 2017 at 0.163245

Smart Scan Analysis for HKDCAD

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

-90
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.162905 0.163275 0.162565 0.162825 -0.000080
Prev. Close Volume Bid Ask Time
0.162905 0.162770 0.162880 2017-11-24 21:15:04
Want to analyze Hong Kong Dollar/Canadian Dollar HKDCAD or another symbol? Try our Free Forex Trend Analysis Report.