Forex Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for HKDTRY
The long term trend has been UP since Oct 8th, 2017 at 0.466795
The intermediate term trend has been UP since Jan 17th, 2018 at 0.489845
The short term trend has been UP since Jan 9th, 2018 at 0.480795
Smart Scan Analysis for HKDTRY
Based on a pre-defined weighted trend formula for chart analysis, HKDTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).