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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Hong Kong Dollar/South African Rand (FOREX:HKDZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_HKDZAR
Open High Low HKDZAR Price Change
1.690205 1.692000 1.682965 1.686600 -0.003605
Entry Signal

MarketClub’s Trade Triangles for HKDZAR

long term up The long term trend has been UP since May 1st, 2018 at 1.5949

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 1.7066

short term down The short term trend has been DOWN since Jul 12th, 2018 at 1.6884

Smart Scan Analysis for HKDZAR

Based on a pre-defined weighted trend formula for chart analysis, HKDZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HKDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.690205 1.692000 1.682965 1.686600 -0.003605
Prev. Close Volume Bid Ask Time
1.690205 1.686100 1.687100 2018-07-16 06:22:55
Want to analyze Hong Kong Dollar/South African Rand HKDZAR or another symbol? Try our Free Forex Trend Analysis Report.