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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

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_HKDBRL
Open High Low HKDBRL Price Change
0.478925 0.479015 0.478925 0.479015 +0.000090
Entry Signal

MarketClub’s Trade Triangles for HKDBRL

long term down The long term trend has been DOWN since Jul 4th, 2019 at 0.486735

intermediate term down The intermediate term trend has been DOWN since May 31st, 2019 at 0.500345

short term down The short term trend has been DOWN since Jul 18th, 2019 at 0.477095

Smart Scan Analysis for HKDBRL

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

-90
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.478925 0.479015 0.478925 0.479015 +0.000090
Prev. Close Volume Bid Ask Time
0.478925 0.478560 0.479470 2019-07-23 01:07:27
Want to analyze Hong Kong Dollar/Brazilian Real HKDBRL or another symbol? Try our Free Forex Trend Analysis Report.