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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

US Dollar/Hong Kong Dollar (FOREX:USDHKD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDHKD
Open High Low USDHKD Price Change
7.84435 7.84485 7.84325 7.84356 -0.00079
Entry Signal

MarketClub’s Trade Triangles for USDHKD

long term up The long term trend has been UP since Dec 25th, 2018 at 7.85285

intermediate term up The intermediate term trend has been UP since Dec 19th, 2018 at 7.82985

short term up The short term trend has been UP since Jan 7th, 2019 at 7.83605

Smart Scan Analysis for USDHKD

Based on a pre-defined weighted trend formula for chart analysis, USDHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.84435 7.84485 7.84325 7.84356 -0.00079
Prev. Close Volume Bid Ask Time
7.84435 7.84331 7.84381 2019-01-18 12:30:16
Want to analyze US Dollar/Hong Kong Dollar USDHKD or another symbol? Try our Free Forex Trend Analysis Report.