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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
0.185950 0.186525 0.185885 0.186200 +0.000250
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term up The long term trend has been UP since Oct 2nd, 2017 at 0.179175

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2017 at 0.178670

short term down The short term trend has been DOWN since Nov 22nd, 2017 at 0.186860

Smart Scan Analysis for HKDNZD

Based on a pre-defined weighted trend formula for chart analysis, HKDNZD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.185950 0.186525 0.185885 0.186200 +0.000250
Prev. Close Volume Bid Ask Time
0.185950 0.185960 0.186440 2017-11-24 21:13:59
Want to analyze Hong Kong Dollar/New Zealand Dollar HKDNZD or another symbol? Try our Free Forex Trend Analysis Report.