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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_HKDJPY
Open High Low HKDJPY Price Change
14.341205 14.342690 14.338000 14.338430 -0.002775
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term up The long term trend has been UP since May 17th, 2018 at 14.114545

intermediate term down The intermediate term trend has been DOWN since Oct 15th, 2018 at 14.273915

short term down The short term trend has been DOWN since Oct 8th, 2018 at 14.494200

Smart Scan Analysis for HKDJPY

Based on a pre-defined weighted trend formula for chart analysis, HKDJPY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HKDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.341205 14.342690 14.338000 14.338430 -0.002775
Prev. Close Volume Bid Ask Time
14.341205 14.337460 14.339400 2018-10-17 01:04:22
Want to analyze Hong Kong Dollar/Japanese Yen HKDJPY or another symbol? Try our Free Forex Trend Analysis Report.