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.

FOREX_CNYHKD
Open High Low CNYHKD Price Change
1.13650 1.13675 1.13465 1.13485 -0.00165
Entry Signal

MarketClub’s Trade Triangles for CNYHKD

long term down The long term trend has been DOWN since May 8th, 2019 at 1.15490

intermediate term up The intermediate term trend has been UP since Jul 14th, 2019 at 1.14190

short term down 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).

-75
Smart Scan Analysis for CNYHKD
Strong Downtrend Sideways 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
Want to analyze Chinese Yuan Renminbi/Hong Kong Dollar CNYHKD or another symbol? Try our Free Forex Trend Analysis Report.