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Forex Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_HKDKRW
Open High Low HKDKRW Price Change
143.905 143.950 143.590 143.900 -0.005
Entry Signal

MarketClub’s Trade Triangles for HKDKRW

long term up The long term trend has been UP since Jun 14th, 2018 at 138.960

intermediate term down The intermediate term trend has been DOWN since Nov 2nd, 2018 at 143.185

short term down The short term trend has been DOWN since Dec 18th, 2018 at 144.355

Smart Scan Analysis for HKDKRW

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

+60
Smart Scan Analysis for HKDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.905 143.950 143.590 143.900 -0.005
Prev. Close Volume Bid Ask Time
143.905 143.730 144.070 2018-12-19 05:07:42
Want to analyze Hong Kong Dollar/South Korean Won HKDKRW or another symbol? Try our Free Forex Trend Analysis Report.