Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_AUDHKD
Open High Low AUDHKD Price Change
5.400555 5.411750 5.393400 5.411250 +0.010695
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long term trend has been DOWN since Dec 27th, 2018 at 5.50515

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 5.53570

short term up The short term trend has been UP since May 20th, 2019 at 5.44250

Smart Scan Analysis for AUDHKD

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

-75
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.400555 5.411750 5.393400 5.411250 +0.010695
Prev. Close Volume Bid Ask Time
5.400555 5.410000 5.412500 2019-05-22 06:41:31
Want to analyze Australian Dollar/Hong Kong Dollar AUDHKD or another symbol? Try our Free Forex Trend Analysis Report.