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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Argentine Peso/Hong Kong Dollar (FOREX:ARSHKD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_ARSHKD
Open High Low ARSHKD Price Change
0.13130404 0.13152848 0.13130404 0.13152848 +0.00022400
Entry Signal

MarketClub’s Trade Triangles for ARSHKD

long term down The long term trend has been DOWN since May 18th, 2017 at 0.48780500

intermediate term down The intermediate term trend has been DOWN since Jul 25th, 2019 at 0.18199000

short term down The short term trend has been DOWN since Nov 12th, 2019 at 0.13113743

Smart Scan Analysis for ARSHKD

Based on a pre-defined weighted trend formula for chart analysis, ARSHKD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ARSHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13130404 0.13152848 0.13130404 0.13152848 +0.00022400
Prev. Close Volume Bid Ask Time
0.13130404 0.13136846 0.13168850 2019-11-16 16:07:20
Want to analyze Argentine Peso/Hong Kong Dollar ARSHKD or another symbol? Try our Free Forex Trend Analysis Report.