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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Bear Market Rally (-75) - AUDHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDHKD as it may be in the beginning of a reversal.

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

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

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

FOREX_AUDHKD
Open High Low AUDHKD Price Change
4.8466700 4.8525000 4.8281700 4.8329585 -0.0137110
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long-term trend has been DOWN since Dec 3rd, 2024 at 5.0071893

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 5.2218233

short term up The short-term trend has been UP since Dec 25th, 2024 at 4.8809000

Smart Scan Analysis for AUDHKD

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

-75
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8466700 4.8525000 4.8281700 4.8329585 -0.0137110
Prev. Close Volume Bid Ask Time
4.8466700 2024-12-26 14:36:50
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