Forex Trend Analysis Report
Prepared for you on Monday, February 18, 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.
MarketClub’s Trade Triangles for CHFHKD
The long term trend has been UP since Jan 7th, 2019 at 7.99995
The intermediate term trend has been DOWN since Jan 20th, 2019 at 7.87645
The short term trend has been UP since Feb 17th, 2019 at 7.81265
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).