Forex Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
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 HKDKRW
The long term trend has been UP since Jun 14th, 2018 at 138.960
The intermediate term trend has been UP since Sep 9th, 2018 at 143.825
The short term trend has been DOWN since Sep 19th, 2018 at 142.810
Smart Scan Analysis for HKDKRW
Based on a pre-defined weighted trend formula for chart analysis, HKDKRW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).