Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

FOREX_HKDBRL
Open High Low HKDBRL Price Change
0.53660031 0.53922748 0.53623766 0.53797328 +0.00137300
Entry Signal

MarketClub’s Trade Triangles for HKDBRL

long term up The long term trend has been UP since Aug 23rd, 2019 at 0.52465000

intermediate term up The intermediate term trend has been UP since Jan 10th, 2020 at 0.52761891

short term down The short term trend has been DOWN since Jan 23rd, 2020 at 0.53579347

Smart Scan Analysis for HKDBRL

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

+75
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53660031 0.53922748 0.53623766 0.53797328 +0.00137300
Prev. Close Volume Bid Ask Time
0.53660031 0.53750656 0.53844000 2020-01-24 17:04:25
Get a free daily report for Hong Kong Dollar/Brazilian Real (HKDBRL) - Free Trend Analysis Report.