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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

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

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

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

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

FOREX_HKDEUR
Open High Low HKDEUR Price Change
0.11747817 0.11768307 0.11724292 0.11759214 +0.00011400
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 0.11642935

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 0.11742603

short term up The short-term trend has been UP since Mar 14th, 2024 at 0.11722924

Smart Scan Analysis for HKDEUR

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

-65
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11747817 0.11768307 0.11724292 0.11759214 +0.00011400
Prev. Close Volume Bid Ask Time
0.11747817 2024-03-18 23:11:48
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