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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_HKDAED
Open High Low HKDAED Price Change
0.47284002 0.47293552 0.47283635 0.47293552 +0.00009500
Entry Signal

MarketClub’s Trade Triangles for HKDAED

long term up The long term trend has been UP since Jun 11th, 2019 at 0.46908500

intermediate term up The intermediate term trend has been UP since Oct 24th, 2019 at 0.46868500

short term up The short term trend has been UP since Jan 17th, 2020 at 0.47274263

Smart Scan Analysis for HKDAED

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

+100
Smart Scan Analysis for HKDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47284002 0.47293552 0.47283635 0.47293552 +0.00009500
Prev. Close Volume Bid Ask Time
0.47284002 0.47292083 0.47295021 2020-01-20 00:48:31
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