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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_HKDNZD
Open High Low HKDNZD Price Change
0.188630 0.189355 0.188630 0.189195 +0.000565
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term down The long term trend has been DOWN since Nov 15th, 2018 at 0.187085

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 0.186360

short term up The short term trend has been UP since Jan 16th, 2019 at 0.187555

Smart Scan Analysis for HKDNZD

Based on a pre-defined weighted trend formula for chart analysis, HKDNZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.188630 0.189355 0.188630 0.189195 +0.000565
Prev. Close Volume Bid Ask Time
0.188630 0.189160 0.189230 2019-01-17 06:06:18
Want to analyze Hong Kong Dollar/New Zealand Dollar HKDNZD or another symbol? Try our Free Forex Trend Analysis Report.