Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)

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_CHFHKD
Open High Low CHFHKD Price Change
7.774850 7.777050 7.755850 7.765585 -0.009265
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term down The long term trend has been DOWN since Mar 7th, 2019 at 7.773475

intermediate term up The intermediate term trend has been UP since May 12th, 2019 at 7.769305

short term down The short term trend has been DOWN since May 17th, 2019 at 7.767850

Smart Scan Analysis for CHFHKD

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

-55
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.774850 7.777050 7.755850 7.765585 -0.009265
Prev. Close Volume Bid Ask Time
7.774850 7.764760 7.766410 2019-05-21 14:52:49
Want to analyze Swiss Franc/Hong Kong Dollar CHFHKD or another symbol? Try our Free Forex Trend Analysis Report.