Forex Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
Hong Kong Dollar/US Dollar (FOREX:HKDUSD)
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 HKDUSD
The long term trend has been UP since Sep 20th, 2018 at 0.127520
The intermediate term trend has been UP since Nov 2nd, 2018 at 0.127815
The short term trend has been UP since Nov 29th, 2018 at 0.127865
Smart Scan Analysis for HKDUSD
Based on a pre-defined weighted trend formula for chart analysis, HKDUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).