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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)

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_IDRHKD
Open High Low IDRHKD Price Change
0.000556 0.000556 0.000555 0.000556 0.000000
Entry Signal

MarketClub’s Trade Triangles for IDRHKD

long term up The long term trend has been UP since Nov 28th, 2018 at 0.000545

intermediate term up The intermediate term trend has been UP since Jan 1st, 2019 at 0.000546

short term down The short term trend has been DOWN since Feb 8th, 2019 at 0.000560

Smart Scan Analysis for IDRHKD

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

+55
Smart Scan Analysis for IDRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000556 0.000556 0.000555 0.000556 0.000000
Prev. Close Volume Bid Ask Time
0.000556 0.000556 0.000556 2019-02-16 19:09:49
Want to analyze Indonesian Rupiah/Hong Kong Dollar IDRHKD or another symbol? Try our Free Forex Trend Analysis Report.