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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)
Crossroads (-60) - AUDHKD 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 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.
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MarketClub’s Trade Triangles for AUDHKD
The long-term trend has been UP since Aug 14th, 2024 at 5.3084000
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 5.2218233
The short-term trend has been DOWN since Oct 1st, 2024 at 5.3433000
Smart Scan Analysis for AUDHKD
Based on our trend formula, AUDHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.2290940 | 5.2432303 | 5.2207950 | 5.2398779 | +0.0107840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.2290940 | 2024-10-08 08:15:19 |