Forex Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 HKDJPY
The long term trend has been DOWN since Jan 11th, 2018 at 14.210570
The intermediate term trend has been DOWN since Jan 9th, 2018 at 14.342945
The short term trend has been DOWN since Feb 9th, 2018 at 13.874150
Smart Scan Analysis for HKDJPY
Based on a pre-defined weighted trend formula for chart analysis, HKDJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).