Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Chinese Yuan Renminbi/Hong Kong Dollar (FOREX:CNYHKD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.
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MarketClub’s Trade Triangles for CNYHKD
The long term trend has been DOWN since May 8th, 2019 at 1.15490
The intermediate term trend has been UP since Jul 14th, 2019 at 1.14190
The short term trend has been DOWN since Jul 16th, 2019 at 1.13595
Smart Scan Analysis for CNYHKD
Based on a pre-defined weighted trend formula for chart analysis, CNYHKD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.13650 | 1.13675 | 1.13465 | 1.13485 | -0.00165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.13650 | 1.13460 | 1.13510 | 2019-07-19 03:50:24 |