Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
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.
MarketClub’s Trade Triangles for USDHKD
The long term trend has been UP since Dec 21st, 2017 at 7.82715
The intermediate term trend has been UP since Nov 15th, 2017 at 7.80595
The short term trend has been UP since Feb 27th, 2018 at 7.82565
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).