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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Weak Uptrend (+65) - HKDCAD is showing signs of weakening momentum to the upside. Monitor HKDCAD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_HKDCAD
Open High Low HKDCAD Price Change
0.1744060 0.1749520 0.1741765 0.1745990 +0.0001930
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term up The long-term trend has been UP since Apr 5th, 2024 at 0.174036

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 0.173890

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 0.175495

Smart Scan Analysis for HKDCAD

Based on our trend formula, HKDCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1744060 0.1749520 0.1741765 0.1745990 +0.0001930
Prev. Close Volume Bid Ask Time
0.1744060 2024-04-26 16:37:32
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