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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
2.00995 2.00995 2.00995 2.00995 0.00000
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term down The long term trend has been DOWN since Mar 27th, 2019 at 1.98165

intermediate term up The intermediate term trend has been UP since May 31st, 2019 at 1.99860

short term down The short term trend has been DOWN since Jun 14th, 2019 at 2.01625

Smart Scan Analysis for BRLHKD

Based on a pre-defined weighted trend formula for chart analysis, BRLHKD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.00995 2.00995 2.00995 2.00995 0.00000
Prev. Close Volume Bid Ask Time
2.00995 2.00810 2.01180 2019-06-16 20:04:47
Want to analyze Brazilian Real/Hong Kong Dollar BRLHKD or another symbol? Try our Free Forex Trend Analysis Report.