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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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_HKDTRY
Open High Low HKDTRY Price Change
0.7343915 0.7395350 0.7342205 0.7376415 +0.0032500
Entry Signal

MarketClub’s Trade Triangles for HKDTRY

long term up The long term trend has been UP since Aug 25th, 2019 at 0.795835

intermediate term down The intermediate term trend has been DOWN since Oct 30th, 2019 at 0.727565

short term up The short term trend has been UP since Dec 6th, 2019 at 0.736381

Smart Scan Analysis for HKDTRY

Based on a pre-defined weighted trend formula for chart analysis, HKDTRY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for HKDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7343915 0.7395350 0.7342205 0.7376415 +0.0032500
Prev. Close Volume Bid Ask Time
0.7343915 0.7368090 0.7384740 2019-12-06 16:59:17
Want to analyze Hong Kong Dollar/Turkish Lira HKDTRY or another symbol? Try our Free Forex Trend Analysis Report.