Forex Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
/Hong Kong Dollar (FOREX:CNHHKD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 CNHHKD
The long term trend has been UP since Jan 6th, 2019 at 1.14365
The intermediate term trend has been UP since Nov 2nd, 2018 at 1.14045
The short term trend has been UP since Feb 12th, 2019 at 1.15975
Smart Scan Analysis for CNHHKD
Based on a pre-defined weighted trend formula for chart analysis, CNHHKD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).