Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Hong Kong Dollar/Chinese Yuan Renminbi (FOREX:HKDCNY)

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_HKDCNY
Open High Low HKDCNY Price Change
0.880955 0.881210 0.879855 0.880210 -0.000745
Entry Signal

MarketClub’s Trade Triangles for HKDCNY

long term up The long term trend has been UP since May 8th, 2019 at 0.865900

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2019 at 0.875730

short term up The short term trend has been UP since Jul 16th, 2019 at 0.880195

Smart Scan Analysis for HKDCNY

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

+55
Smart Scan Analysis for HKDCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.880955 0.881210 0.879855 0.880210 -0.000745
Prev. Close Volume Bid Ask Time
0.880955 0.879870 0.880550 2019-07-17 10:20:50
Want to analyze Hong Kong Dollar/Chinese Yuan Renminbi HKDCNY or another symbol? Try our Free Forex Trend Analysis Report.