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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)

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_HKDAUD
Open High Low HKDAUD Price Change
0.1873985 0.1879575 0.1872075 0.1872725 -0.0001260
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term down The long term trend has been DOWN since Dec 25th, 2019 at 0.1841513

intermediate term up The intermediate term trend has been UP since Jan 21st, 2020 at 0.1879515

short term up The short term trend has been UP since Jan 17th, 2020 at 0.1868935

Smart Scan Analysis for HKDAUD

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

+60
Smart Scan Analysis for HKDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1873985 0.1879575 0.1872075 0.1872725 -0.0001260
Prev. Close Volume Bid Ask Time
0.1873985 0.1872570 0.1872880 2020-01-21 08:55:00
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