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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

New Zealand Dollar/Hong Kong Dollar (FOREX:NZDHKD)

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_NZDHKD
Open High Low NZDHKD Price Change
5.29618 5.34215 5.29180 5.33885 +0.04267
Entry Signal

MarketClub’s Trade Triangles for NZDHKD

long term down The long term trend has been DOWN since Apr 30th, 2018 at 5.51949

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2018 at 5.40190

short term down The short term trend has been DOWN since Jul 18th, 2018 at 5.30225

Smart Scan Analysis for NZDHKD

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

-70
Smart Scan Analysis for NZDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.29618 5.34215 5.29180 5.33885 +0.04267
Prev. Close Volume Bid Ask Time
5.29618 5.33850 5.33920 2018-07-20 14:14:51
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