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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_EURHKD
Open High Low EURHKD Price Change
8.89885 8.89885 8.89885 8.89885 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 9.46800

intermediate term down The intermediate term trend has been DOWN since Jan 24th, 2019 at 8.86628

short term up The short term trend has been UP since Feb 18th, 2019 at 8.88440

Smart Scan Analysis for EURHKD

Based on a pre-defined weighted trend formula for chart analysis, EURHKD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.89885 8.89885 8.89885 8.89885 0.00000
Prev. Close Volume Bid Ask Time
8.89885 8.89720 8.90050 2019-02-23 00:18:22
Want to analyze Euro/Hong Kong Dollar EURHKD or another symbol? Try our Free Forex Trend Analysis Report.