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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

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
0.17481 0.17509 0.17361 0.17509 +0.00028
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term down The long term trend has been DOWN since Jan 10th, 2018 at 0.176915

intermediate term down The intermediate term trend has been DOWN since Feb 16th, 2018 at 0.172065

short term up The short term trend has been UP since Feb 19th, 2018 at 0.173520

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
0.17481 0.17509 0.17361 0.17509 +0.00028
Prev. Close Volume Bid Ask Time
0.17481 0.17506 0.17512 2018-02-22 23:44:47
Want to analyze Hong Kong Dollar/New Zealand Dollar HKDNZD or another symbol? Try our Free Forex Trend Analysis Report.