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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.

Open High Low CADHKD Price Change
5.9112 5.9112 5.9112 5.9112 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADHKD

long term up The long term trend has been UP since Jun 28th, 2019 at 5.97795

intermediate term down The intermediate term trend has been DOWN since Jul 23rd, 2019 at 5.93565

short term down 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).

Smart Scan Analysis for CADHKD
Strong Downtrend Sideways 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
Want to analyze Canadian Dollar/Hong Kong Dollar CADHKD or another symbol? Try our Free Forex Trend Analysis Report.