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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_HKDEUR
Open High Low HKDEUR Price Change
0.108830 0.108850 0.108495 0.108780 -0.000050
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long term trend has been UP since May 1st, 2018 at 0.105615

intermediate term down The intermediate term trend has been DOWN since Jul 8th, 2018 at 0.108315

short term down The short term trend has been DOWN since Jul 16th, 2018 at 0.108875

Smart Scan Analysis for HKDEUR

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

-60
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.108830 0.108850 0.108495 0.108780 -0.000050
Prev. Close Volume Bid Ask Time
0.108830 0.108750 0.108810 2018-07-17 09:37:17
Want to analyze Hong Kong Dollar/Euro HKDEUR or another symbol? Try our Free Forex Trend Analysis Report.