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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2019.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

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_HKDCAD
Open High Low HKDCAD Price Change
0.166495 0.166725 0.166330 0.166595 +0.000100
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 Jun 7th, 2019 at 0.170165

short term down The short term trend has been DOWN since Jul 8th, 2019 at 0.167455

Smart Scan Analysis for HKDCAD

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

-90
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.166495 0.166725 0.166330 0.166595 +0.000100
Prev. Close Volume Bid Ask Time
0.166495 0.166580 0.166610 2019-07-15 14:05:54
Want to analyze Hong Kong Dollar/Canadian Dollar HKDCAD or another symbol? Try our Free Forex Trend Analysis Report.