Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for JPYHKD
The long term trend has been DOWN since Nov 3rd, 2017 at 0.068265
The intermediate term trend has been UP since Nov 15th, 2017 at 0.069050
The short term trend has been UP since Nov 15th, 2017 at 0.069020
Smart Scan Analysis for JPYHKD
Based on a pre-defined weighted trend formula for chart analysis, JPYHKD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).