Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
Hong Kong Dollar/Icelandic Krona (FOREX:HKDISK)
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 HKDISK
The long term trend has been UP since May 8th, 2018 at 13.11285
The intermediate term trend has been UP since Apr 4th, 2018 at 12.77820
The short term trend has been DOWN since Jul 16th, 2018 at 13.59450
Smart Scan Analysis for HKDISK
Based on a pre-defined weighted trend formula for chart analysis, HKDISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).