Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)
Weak Downtrend (-65) - CADHKD is showing signs of a strengthening downtrend. Monitor CADHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADHKD
The long-term trend has been DOWN since Apr 5th, 2024 at 5.7459400
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 5.7506292
The short-term trend has been DOWN since May 7th, 2024 at 5.7024120
Smart Scan Analysis for CADHKD
Based on our trend formula, CADHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.6950695 | 5.7144214 | 5.6894500 | 5.7126135 | +0.0175440 |
Prev. Close | Volume | Bid | Ask | Time |
5.6950695 | 2024-05-09 14:59:18 |