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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)

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_CADHKD
Open High Low CADHKD Price Change
5.93170 5.93330 5.92545 5.92925 -0.00245
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 Jan 6th, 2019 at 5.859000

short term down The short term trend has been DOWN since Feb 14th, 2019 at 5.893835

Smart Scan Analysis for CADHKD

Based on a pre-defined weighted trend formula for chart analysis, CADHKD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CADHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.93170 5.93330 5.92545 5.92925 -0.00245
Prev. Close Volume Bid Ask Time
5.93170 5.92870 5.92980 2019-02-18 17:07:58
Want to analyze Canadian Dollar/Hong Kong Dollar CADHKD or another symbol? Try our Free Forex Trend Analysis Report.