Forex Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
Hong Kong Dollar/Icelandic Krona (FOREX:HKDISK)
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 HKDISK
The long term trend has been DOWN since Nov 14th, 2017 at 13.22200
The intermediate term trend has been UP since Dec 15th, 2017 at 13.49355
The short term trend has been UP since Dec 15th, 2017 at 13.49225
Smart Scan Analysis for HKDISK
Based on a pre-defined weighted trend formula for chart analysis, HKDISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).