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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)

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_CADHKD
Open High Low CADHKD Price Change
5.84265 5.84275 5.83060 5.84215 -0.00050
Entry Signal

MarketClub’s Trade Triangles for CADHKD

long term down The long term trend has been DOWN since Nov 9th, 2018 at 5.935500

intermediate term up The intermediate term trend has been UP since May 22nd, 2019 at 5.866000

short term down The short term trend has been DOWN since May 23rd, 2019 at 5.835785

Smart Scan Analysis for CADHKD

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

-55
Smart Scan Analysis for CADHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.84265 5.84275 5.83060 5.84215 -0.00050
Prev. Close Volume Bid Ask Time
5.84265 5.84040 5.84390 2019-05-25 22:41:04
Want to analyze Canadian Dollar/Hong Kong Dollar CADHKD or another symbol? Try our Free Forex Trend Analysis Report.