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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_BRLHKD
Open High Low BRLHKD Price Change
1.8552580 1.8572310 1.8423617 1.8448386 -0.0104190
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term down The long term trend has been DOWN since Aug 23rd, 2019 at 1.9060500

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 1.8953088

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 1.9275760

Smart Scan Analysis for BRLHKD

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

-90
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8552580 1.8572310 1.8423617 1.8448386 -0.0104190
Prev. Close Volume Bid Ask Time
1.8552580 1.8432577 1.8464194 2020-01-21 22:19:46
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