Forex Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)
Strong Downtrend (-100) - AUDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDHKD continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for AUDHKD
The long-term trend has been DOWN since May 9th, 2022 at 5.4928
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 5.5223
The short-term trend has been DOWN since Jun 29th, 2022 at 5.4109
Smart Scan Analysis for AUDHKD
Based on our trend formula, AUDHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).