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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

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_HKDCAD
Open High Low HKDCAD Price Change
0.169115 0.169115 0.169115 0.169115 0.000000
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term down The long term trend has been DOWN since Jun 28th, 2019 at 0.167290

intermediate term down The intermediate term trend has been DOWN since Sep 6th, 2019 at 0.166915

short term up The short term trend has been UP since Sep 11th, 2019 at 0.168250

Smart Scan Analysis for HKDCAD

Based on a pre-defined weighted trend formula for chart analysis, HKDCAD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.169115 0.169115 0.169115 0.169115 0.000000
Prev. Close Volume Bid Ask Time
0.169115 0.169060 0.169170 2019-09-21 13:16:30
Want to analyze Hong Kong Dollar/Canadian Dollar HKDCAD or another symbol? Try our Free Forex Trend Analysis Report.