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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
0.467925 0.467935 0.467900 0.467935 +0.000010
Entry Signal

MarketClub’s Trade Triangles for HKDAED

long term down The long term trend has been DOWN since Jan 31st, 2019 at 0.468075

intermediate term down The intermediate term trend has been DOWN since Dec 19th, 2018 at 0.469125

short term down The short term trend has been DOWN since Mar 15th, 2019 at 0.467900

Smart Scan Analysis for HKDAED

Based on a pre-defined weighted trend formula for chart analysis, HKDAED scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HKDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.467925 0.467935 0.467900 0.467935 +0.000010
Prev. Close Volume Bid Ask Time
0.467925 0.467920 0.467950 2019-03-19 07:16:19
Want to analyze Hong Kong Dollar/United Arab Emirates Dirham HKDAED or another symbol? Try our Free Forex Trend Analysis Report.