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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_HKDNZD
Open High Low HKDNZD Price Change
0.19449521 0.19449521 0.19449521 0.19449521 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term down The long term trend has been DOWN since Dec 2nd, 2019 at 0.19730889

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2019 at 0.20091500

short term down The short term trend has been DOWN since Nov 12th, 2019 at 0.20044095

Smart Scan Analysis for HKDNZD

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

-100
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19449521 0.19449521 0.19449521 0.19449521 0.00000000
Prev. Close Volume Bid Ask Time
0.19449521 0.19446021 0.19453020 2019-12-07 03:48:41
Want to analyze Hong Kong Dollar/New Zealand Dollar HKDNZD or another symbol? Try our Free Forex Trend Analysis Report.