Analyze Symbol
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.
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MarketClub’s Trade Triangles for BRLHKD
The long term trend has been UP since Oct 17th, 2018 at 2.12835
The intermediate term trend has been DOWN since Mar 1st, 2019 at 2.06995
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).
| 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 |