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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
5.6069 5.6069 5.6069 5.6069 0.0000
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 Feb 7th, 2019 at 5.55300

short term up The short term trend has been UP since Feb 12th, 2019 at 5.58520

Smart Scan Analysis for AUDHKD

Based on a pre-defined weighted trend formula for chart analysis, AUDHKD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6069 5.6069 5.6069 5.6069 0.0000
Prev. Close Volume Bid Ask Time
5.6069 5.6052 5.6086 2019-02-16 06:33:12
Want to analyze Australian Dollar/Hong Kong Dollar AUDHKD or another symbol? Try our Free Forex Trend Analysis Report.