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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Indian Rupee/Hong Kong Dollar (FOREX:INRHKD)

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_INRHKD
Open High Low INRHKD Price Change
0.114700 0.114765 0.114415 0.114480 -0.000220
Entry Signal

MarketClub’s Trade Triangles for INRHKD

long term down The long term trend has been DOWN since Mar 1st, 2018 at 0.11986

intermediate term down The intermediate term trend has been DOWN since Jun 17th, 2018 at 0.11528

short term up The short term trend has been UP since Jul 12th, 2018 at 0.11470

Smart Scan Analysis for INRHKD

Based on a pre-defined weighted trend formula for chart analysis, INRHKD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for INRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.114700 0.114765 0.114415 0.114480 -0.000220
Prev. Close Volume Bid Ask Time
0.114700 0.114460 0.114500 2018-07-18 06:41:32
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