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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_HKDNZD
Open High Low HKDNZD Price Change
0.194805 0.195215 0.194185 0.194365 -0.000440
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term up The long term trend has been UP since Apr 30th, 2018 at 0.181185

intermediate term up The intermediate term trend has been UP since Jun 20th, 2018 at 0.185120

short term up The short term trend has been UP since Oct 23rd, 2018 at 0.194920

Smart Scan Analysis for HKDNZD

Based on a pre-defined weighted trend formula for chart analysis, HKDNZD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.194805 0.195215 0.194185 0.194365 -0.000440
Prev. Close Volume Bid Ask Time
0.194805 0.194330 0.194400 2018-10-23 05:50:47
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