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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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
0.170760 0.170920 0.170580 0.170585 -0.000175
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 up The intermediate term trend has been UP since Apr 23rd, 2019 at 0.170945

short term down The short term trend has been DOWN since May 21st, 2019 at 0.170940

Smart Scan Analysis for HKDCAD

Based on a pre-defined weighted trend formula for chart analysis, HKDCAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.170760 0.170920 0.170580 0.170585 -0.000175
Prev. Close Volume Bid Ask Time
0.170760 0.170570 0.170600 2019-05-22 06:46:51
Want to analyze Hong Kong Dollar/Canadian Dollar HKDCAD or another symbol? Try our Free Forex Trend Analysis Report.