Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_HKDAUD
Open High Low HKDAUD Price Change
0.181765 0.182125 0.181685 0.181910 +0.000145
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term up The long term trend has been UP since Dec 25th, 2018 at 0.181625

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2019 at 0.181970

short term down The short term trend has been DOWN since Jul 11th, 2019 at 0.183355

Smart Scan Analysis for HKDAUD

Based on a pre-defined weighted trend formula for chart analysis, HKDAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HKDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.181765 0.182125 0.181685 0.181910 +0.000145
Prev. Close Volume Bid Ask Time
0.181765 0.181900 0.181920 2019-07-16 12:14:24
Want to analyze Hong Kong Dollar/Australian Dollar HKDAUD or another symbol? Try our Free Forex Trend Analysis Report.