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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Weak Uptrend (+65) - AUDHKD is showing signs of weakening momentum to the upside. Monitor 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
5.0951115 5.1023627 5.0905000 5.0983922 +0.0032810
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term up The long-term trend has been UP since Dec 1st, 2023 at 5.2035650

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 5.1593000

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 5.0935133

Smart Scan Analysis for AUDHKD

Based on our trend formula, AUDHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0951115 5.1023627 5.0905000 5.0983922 +0.0032810
Prev. Close Volume Bid Ask Time
5.0951115 2024-03-29 06:52:25
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