Forex Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 HKDCZK
The long term trend has been UP since May 1st, 2018 at 2.7015
The intermediate term trend has been UP since Sep 28th, 2018 at 2.8428
The short term trend has been DOWN since Nov 15th, 2018 at 2.9243
Smart Scan Analysis for HKDCZK
Based on a pre-defined weighted trend formula for chart analysis, HKDCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).