Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

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
5.1684505 5.2234550 5.1536650 5.2138844 +0.0454340
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 5.2394600

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 4.9040500

short term up The short-term trend has been UP since May 26th, 2020 at 5.0980664

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
5.1684505 5.2234550 5.1536650 5.2138844 +0.0454340
Prev. Close Volume Bid Ask Time
5.1684505 5.2134586 5.2143101 2020-05-31 22:45:49
Get a free daily analysis and signals for Australian Dollar/Hong Kong Dollar (AUDHKD) - Request Your Free Report.