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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_HKDTRY
Open High Low HKDTRY Price Change
0.713340 0.718575 0.710920 0.711465 -0.001875
Entry Signal

MarketClub’s Trade Triangles for HKDTRY

long term up The long term trend has been UP since Mar 22nd, 2018 at 0.505320

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 0.767235

short term down The short term trend has been DOWN since Oct 9th, 2018 at 0.779210

Smart Scan Analysis for HKDTRY

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

-70
Smart Scan Analysis for HKDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.713340 0.718575 0.710920 0.711465 -0.001875
Prev. Close Volume Bid Ask Time
0.713340 0.711090 0.711840 2018-10-18 05:05:12
Want to analyze Hong Kong Dollar/Turkish Lira HKDTRY or another symbol? Try our Free Forex Trend Analysis Report.