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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Hong Kong Dollar/South African Rand (FOREX:HKDZAR)

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_HKDZAR
Open High Low HKDZAR Price Change
1.90435 1.90435 1.90435 1.90435 0.00000
Entry Signal

MarketClub’s Trade Triangles for HKDZAR

long term up The long term trend has been UP since Aug 8th, 2019 at 1.9349

intermediate term down The intermediate term trend has been DOWN since Sep 3rd, 2019 at 1.9225

short term up The short term trend has been UP since Sep 20th, 2019 at 1.8970

Smart Scan Analysis for HKDZAR

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

+65
Smart Scan Analysis for HKDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.90435 1.90435 1.90435 1.90435 0.00000
Prev. Close Volume Bid Ask Time
1.90435 1.90290 1.90580 2019-09-21 21:27:04
Want to analyze Hong Kong Dollar/South African Rand HKDZAR or another symbol? Try our Free Forex Trend Analysis Report.