Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2019.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for HKDKRW
The long term trend has been UP since Apr 8th, 2019 at 145.22
The intermediate term trend has been UP since Mar 7th, 2019 at 144.08
The short term trend has been UP since Apr 21st, 2019 at 145.09
Smart Scan Analysis for HKDKRW
Based on a pre-defined weighted trend formula for chart analysis, HKDKRW scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).