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Forex Trend Analysis Report
Prepared for you on Monday, July 15, 2019.
Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CHFHKD
The long term trend has been UP since Jun 5th, 2019 at 7.932395
The intermediate term trend has been UP since May 12th, 2019 at 7.769305
The short term trend has been UP since Jul 10th, 2019 at 7.877550
Smart Scan Analysis for CHFHKD
Based on a pre-defined weighted trend formula for chart analysis, CHFHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.947240 | 7.971550 | 7.944150 | 7.948045 | +0.000805 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.947240 | 7.947350 | 7.948740 | 2019-07-15 14:15:39 |