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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

US Dollar/Hong Kong Dollar (FOREX:USDHKD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_USDHKD
Open High Low USDHKD Price Change
7.81173 7.81330 7.81115 7.81135 -0.00038
Entry Signal

MarketClub’s Trade Triangles for USDHKD

long term down The long term trend has been DOWN since Nov 8th, 2017 at 7.79654

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 7.80595

short term up The short term trend has been UP since Dec 14th, 2017 at 7.81085

Smart Scan Analysis for USDHKD

Based on a pre-defined weighted trend formula for chart analysis, USDHKD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.81173 7.81330 7.81115 7.81135 -0.00038
Prev. Close Volume Bid Ask Time
7.81173 7.81110 7.81160 2017-12-15 08:56:03
Want to analyze US Dollar/Hong Kong Dollar USDHKD or another symbol? Try our Free Forex Trend Analysis Report.