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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_HKDUSD
Open High Low HKDUSD Price Change
0.127415 0.127430 0.127405 0.127415 0.000000
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term down The long term trend has been DOWN since Dec 25th, 2018 at 0.127345

intermediate term down The intermediate term trend has been DOWN since May 7th, 2019 at 0.127435

short term up The short term trend has been UP since May 20th, 2019 at 0.127415

Smart Scan Analysis for HKDUSD

Based on a pre-defined weighted trend formula for chart analysis, HKDUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.127415 0.127430 0.127405 0.127415 0.000000
Prev. Close Volume Bid Ask Time
0.127415 0.127410 0.127420 2019-05-24 07:16:14
Want to analyze Hong Kong Dollar/US Dollar HKDUSD or another symbol? Try our Free Forex Trend Analysis Report.