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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Crossroads (-60) - HKDCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HKDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDCZK.
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 HKDCZK
The long-term trend has been UP since Aug 24th, 2023 at 2.85055
The intermediate-term trend has been DOWN since May 2nd, 2024 at 2.97775
The short-term trend has been DOWN since May 9th, 2024 at 2.96375
Smart Scan Analysis for HKDCZK
Based on our trend formula, HKDCZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.96065 | 2.96295 | 2.95685 | 2.96110 | +0.00045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.96065 | 2024-05-10 07:25:43 |