Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_HKDUSD
Open High Low HKDUSD Price Change
0.127620 0.127625 0.127535 0.127605 -0.000015
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term up The long term trend has been UP since Sep 20th, 2018 at 0.127520

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2018 at 0.127545

short term down The short term trend has been DOWN since Oct 15th, 2018 at 0.127585

Smart Scan Analysis for HKDUSD

Based on a pre-defined weighted trend formula for chart analysis, HKDUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127620 0.127625 0.127535 0.127605 -0.000015
Prev. Close Volume Bid Ask Time
0.127620 0.127600 0.127610 2018-10-16 22:42:13
Want to analyze Hong Kong Dollar/US Dollar HKDUSD or another symbol? Try our Free Forex Trend Analysis Report.