Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, August 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.
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MarketClub’s Trade Triangles for CADHKD
The long term trend has been UP since Jun 28th, 2019 at 5.97795
The intermediate term trend has been DOWN since Jul 23rd, 2019 at 5.93565
The short term trend has been DOWN since Aug 13th, 2019 at 5.91263
Smart Scan Analysis for CADHKD
Based on a pre-defined weighted trend formula for chart analysis, CADHKD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9112 | 5.9112 | 5.9112 | 5.9112 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9112 | 5.9098 | 5.9126 | 2019-08-18 00:20:40 |