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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Bull Market Weakness (+75) - AUDHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDHKD as it may be in the beginning stages 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
5.8247287 5.8338591 5.8160000 5.8245000 -0.0002290
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 5.863190

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 5.697552

short term up The short-term trend has been UP since Oct 19th, 2021 at 5.795200

Smart Scan Analysis for AUDHKD

Based on our trend formula, AUDHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8247287 5.8338591 5.8160000 5.8245000 -0.0002290
Prev. Close Volume Bid Ask Time
5.8247287 2021-10-20 09:45:22
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