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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_HKDUSD
Open High Low HKDUSD Price Change
0.127395 0.127400 0.127355 0.127360 -0.000035
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term down The long term trend has been DOWN since Dec 20th, 2017 at 0.127765

intermediate term down The intermediate term trend has been DOWN since Aug 7th, 2018 at 0.127370

short term down The short term trend has been DOWN since Jul 26th, 2018 at 0.127405

Smart Scan Analysis for HKDUSD

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

-100
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127395 0.127400 0.127355 0.127360 -0.000035
Prev. Close Volume Bid Ask Time
0.127395 0.127360 0.127360 2018-08-17 18:33:28
Want to analyze Hong Kong Dollar/US Dollar HKDUSD or another symbol? Try our Free Forex Trend Analysis Report.