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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Hong Kong Dollar/Malaysian Ringt (FOREX:HKDMYR)

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_HKDMYR
Open High Low HKDMYR Price Change
0.52607 0.52667 0.52601 0.52655 +0.00048
Entry Signal

MarketClub’s Trade Triangles for HKDMYR

long term up The long term trend has been UP since Apr 16th, 2019 at 0.529725

intermediate term down The intermediate term trend has been DOWN since Jun 5th, 2019 at 0.528965

short term up The short term trend has been UP since Jul 16th, 2019 at 0.526070

Smart Scan Analysis for HKDMYR

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

+55
Smart Scan Analysis for HKDMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.52607 0.52667 0.52601 0.52655 +0.00048
Prev. Close Volume Bid Ask Time
0.52607 0.52623 0.52687 2019-07-19 04:33:01
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