Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Chinese Yuan Renminbi/Hong Kong Dollar (FOREX:CNYHKD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_CNYHKD
Open High Low CNYHKD Price Change
1.1204435 1.1204435 1.1204435 1.1204435 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CNYHKD

long term up The long term trend has been UP since Dec 25th, 2019 at 1.1231197

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 1.1205964

short term down The short term trend has been DOWN since Jan 20th, 2020 at 1.1271278

Smart Scan Analysis for CNYHKD

Based on a pre-defined weighted trend formula for chart analysis, CNYHKD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for CNYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1204435 1.1204435 1.1204435 1.1204435 0.0000000
Prev. Close Volume Bid Ask Time
1.1204435 1.1201820 1.1207050 2020-01-25 03:16:23
Get a free daily report for Chinese Yuan Renminbi/Hong Kong Dollar (CNYHKD) - Free Trend Analysis Report.