Analyze Symbol
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.
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MarketClub’s Trade Triangles for CADHKD
The long term trend has been DOWN since Nov 9th, 2018 at 5.935500
The intermediate term trend has been UP since May 22nd, 2019 at 5.866000
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).
| 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 |