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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_HKDCAD
Open High Low HKDCAD Price Change
0.168635 0.168705 0.168415 0.168435 -0.000200
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term up The long term trend has been UP since Nov 9th, 2018 at 0.168435

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2019 at 0.170675

short term down The short term trend has been DOWN since Feb 19th, 2019 at 0.168510

Smart Scan Analysis for HKDCAD

Based on a pre-defined weighted trend formula for chart analysis, HKDCAD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.168635 0.168705 0.168415 0.168435 -0.000200
Prev. Close Volume Bid Ask Time
0.168635 0.168420 0.168450 2019-02-22 04:46:10
Want to analyze Hong Kong Dollar/Canadian Dollar HKDCAD or another symbol? Try our Free Forex Trend Analysis Report.