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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

US Dollar/Hong Kong Dollar (FOREX:USDHKD)

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.

Open High Low USDHKD Price Change
7.84585 7.84645 7.84395 7.84620 +0.00035
Entry Signal

MarketClub’s Trade Triangles for USDHKD

long term up The long term trend has been UP since Dec 25th, 2018 at 7.85285

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2019 at 7.84705

short term up The short term trend has been UP since Apr 17th, 2019 at 7.84535

Smart Scan Analysis for USDHKD

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

Smart Scan Analysis for USDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.84585 7.84645 7.84395 7.84620 +0.00035
Prev. Close Volume Bid Ask Time
7.84585 7.84595 7.84645 2019-04-18 14:24:35
Want to analyze US Dollar/Hong Kong Dollar USDHKD or another symbol? Try our Free Forex Trend Analysis Report.