Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)
Countertrend Up (+85) - HKDCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HKDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDCHF.
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 HKDCHF
The long-term trend has been UP since Mar 19th, 2024 at 0.11375495
The intermediate-term trend has been UP since Jan 1st, 2024 at 0.11294729
The short-term trend has been UP since May 8th, 2024 at 0.11633655
Smart Scan Analysis for HKDCHF
Based on our trend formula, HKDCHF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.11620931 | 0.11643247 | 0.11616270 | 0.11636703 | +0.00015800 |
Prev. Close | Volume | Bid | Ask | Time |
0.11620931 | 2024-05-09 08:04:12 |