Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

US Dollar/Hong Kong Dollar (FOREX:USDHKD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

Open High Low USDHKD Price Change
7.83246 7.83325 7.83155 7.83315 +0.00069
Entry Signal

MarketClub’s Trade Triangles for USDHKD

long term down The long term trend has been DOWN since Sep 20th, 2018 at 7.84075

intermediate term down The intermediate term trend has been DOWN since Nov 2nd, 2018 at 7.82395

short term up The short term trend has been UP since Nov 11th, 2018 at 7.83405

Smart Scan Analysis for USDHKD

Based on a pre-defined weighted trend formula for chart analysis, USDHKD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.83246 7.83325 7.83155 7.83315 +0.00069
Prev. Close Volume Bid Ask Time
7.83246 7.83290 7.83340 2018-11-14 05:53:41
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