Forex Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for JPYHKD
The long term trend has been UP since Mar 21st, 2017 at 0.06950
The intermediate term trend has been DOWN since Apr 26th, 2017 at 0.06964
The short term trend has been UP since May 26th, 2017 at 0.07020
Smart Scan Analysis for JPYHKD
Based on a pre-defined weighted trend formula for chart analysis, JPYHKD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).