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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.

FOREX_CHFHKD
Open High Low CHFHKD Price Change
7.820450 7.822350 7.816235 7.817950 -0.002500
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term up The long term trend has been UP since Jan 7th, 2019 at 7.99995

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2019 at 7.87645

short term up 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).

-55
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.820450 7.822350 7.816235 7.817950 -0.002500
Prev. Close Volume Bid Ask Time
7.820450 7.817700 7.818200 2019-02-18 02:44:31
Want to analyze Swiss Franc/Hong Kong Dollar CHFHKD or another symbol? Try our Free Forex Trend Analysis Report.