Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Euro/Hong Kong Dollar (FOREX:EURHKD)

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_EURHKD
Open High Low EURHKD Price Change
8.7002 8.7002 8.7002 8.7002 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 9.4680

intermediate term up The intermediate term trend has been UP since Aug 9th, 2019 at 8.8345

short term down The short term trend has been DOWN since Aug 12th, 2019 at 8.7639

Smart Scan Analysis for EURHKD

Based on a pre-defined weighted trend formula for chart analysis, EURHKD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7002 8.7002 8.7002 8.7002 0.0000
Prev. Close Volume Bid Ask Time
8.7002 8.6982 8.7022 2019-08-18 05:22:58
Want to analyze Euro/Hong Kong Dollar EURHKD or another symbol? Try our Free Forex Trend Analysis Report.