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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

Bull Market Weakness (+75) - HKDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDEUR as it may be in the beginning stages of a reversal.

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
0.12006971 0.12016500 0.11973037 0.11977950 -0.00029000
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.11960006

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.11799968

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.11970500

Smart Scan Analysis for HKDEUR

Based on our trend formula, HKDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12006971 0.12016500 0.11973037 0.11977950 -0.00029000
Prev. Close Volume Bid Ask Time
0.12006971 2024-04-19 08:25:53
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