Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 HKDKRW
The long term trend has been UP since Jun 14th, 2018 at 138.960
The intermediate term trend has been UP since Apr 22nd, 2018 at 136.895
The short term trend has been UP since Jul 10th, 2018 at 142.780
Smart Scan Analysis for HKDKRW
Based on a pre-defined weighted trend formula for chart analysis, HKDKRW scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).