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Forex Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)

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_HKDTRY
Open High Low HKDTRY Price Change
0.493955 0.499660 0.493240 0.496275 +0.002320
Entry Signal

MarketClub’s Trade Triangles for HKDTRY

long term up The long term trend has been UP since Oct 8th, 2017 at 0.466795

intermediate term up The intermediate term trend has been UP since Sep 18th, 2017 at 0.444855

short term down The short term trend has been DOWN since Nov 16th, 2017 at 0.493505

Smart Scan Analysis for HKDTRY

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

+85
Smart Scan Analysis for HKDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.493955 0.499660 0.493240 0.496275 +0.002320
Prev. Close Volume Bid Ask Time
0.493955 0.496060 0.496490 2017-11-17 18:19:25
Want to analyze Hong Kong Dollar/Turkish Lira HKDTRY or another symbol? Try our Free Forex Trend Analysis Report.