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Forex Trend Analysis Report

Prepared for you on Sunday, March 24, 2019.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

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_BRLHKD
Open High Low BRLHKD Price Change
2.06885 2.06940 2.00715 2.00845 -0.06040
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term up The long term trend has been UP since Oct 17th, 2018 at 2.12835

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2019 at 2.06995

short term down The short term trend has been DOWN since Mar 21st, 2019 at 2.05500

Smart Scan Analysis for BRLHKD

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

-70
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.06885 2.06940 2.00715 2.00845 -0.06040
Prev. Close Volume Bid Ask Time
2.01045 2.00660 2.01030 2019-03-22 18:26:03
Want to analyze Brazilian Real/Hong Kong Dollar BRLHKD or another symbol? Try our Free Forex Trend Analysis Report.