Forex Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)
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.
MarketClub’s Trade Triangles for HKDCHF
The long term trend has been DOWN since Jan 12th, 2018 at 0.123760
The intermediate term trend has been UP since Mar 1st, 2018 at 0.121095
The short term trend has been UP since Mar 15th, 2018 at 0.121326
Smart Scan Analysis for HKDCHF
Based on a pre-defined weighted trend formula for chart analysis, HKDCHF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).