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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.

FOREX_CNHHKD
Open High Low CNHHKD Price Change
1.16035 1.16035 1.15825 1.15935 -0.00100
Entry Signal

MarketClub’s Trade Triangles for CNHHKD

long term up The long term trend has been UP since Jan 6th, 2019 at 1.14365

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 1.14045

short term up 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).

+80
Smart Scan Analysis for CNHHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.16035 1.16035 1.15825 1.15935 -0.00100
Prev. Close Volume Bid Ask Time
1.16035 1.15910 1.15960 2019-02-18 08:04:07
Want to analyze /Hong Kong Dollar CNHHKD or another symbol? Try our Free Forex Trend Analysis Report.