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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)

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_HKDCHF
Open High Low HKDCHF Price Change
0.126545 0.127105 0.126375 0.126850 +0.000305
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term up The long term trend has been UP since Oct 2nd, 2017 at 0.125070

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2017 at 0.126140

short term down The short term trend has been DOWN since Dec 12th, 2017 at 0.126745

Smart Scan Analysis for HKDCHF

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

+60
Smart Scan Analysis for HKDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.126545 0.127105 0.126375 0.126850 +0.000305
Prev. Close Volume Bid Ask Time
0.126545 0.126250 0.127450 2017-12-15 18:39:03
Want to analyze Hong Kong Dollar/Swiss Franc HKDCHF or another symbol? Try our Free Forex Trend Analysis Report.