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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hong Kong Dollar/British Pound (FOREX:HKDGBP)
Strong Uptrend (+100) - HKDGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HKDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDGBP.
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 HKDGBP
The long-term trend has been UP since Apr 12th, 2024 at 0.1021255
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.1010705
The short-term trend has been UP since May 7th, 2024 at 0.1021555
Smart Scan Analysis for HKDGBP
Based on our trend formula, HKDGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1023825 | 0.1025245 | 0.1023675 | 0.1025240 | +0.0001420 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1023825 | 2024-05-09 03:02:42 |