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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)

Weak Downtrend (-65) - HKDPLN is showing signs of a strengthening downtrend. Monitor HKDPLN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HKDPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDPLN
Open High Low HKDPLN Price Change
0.511905 0.512605 0.511625 0.511805 -0.000100
Entry Signal

MarketClub’s Trade Triangles for HKDPLN

long term up The long-term trend has been UP since Jan 1st, 2024 at 0.56800220

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 0.51115000

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.51471416

Smart Scan Analysis for HKDPLN

Based on our trend formula, HKDPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.511905 0.512605 0.511625 0.511805 -0.000100
Prev. Close Volume Bid Ask Time
0.511905 2024-05-09 03:36:06
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