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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.

FOREX_CHFHKD
Open High Low CHFHKD Price Change
7.947240 7.971550 7.944150 7.948045 +0.000805
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term up The long term trend has been UP since Jun 5th, 2019 at 7.932395

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

short term up 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).

+90
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways 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
Want to analyze Swiss Franc/Hong Kong Dollar CHFHKD or another symbol? Try our Free Forex Trend Analysis Report.