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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.

FOREX_AUDHKD
Open High Low AUDHKD Price Change
5.3539318 5.3539318 5.3421500 5.3461500 -0.0077820
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long-term trend has been DOWN since May 9th, 2022 at 5.4928

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 5.5223

short term down 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).

-100
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.3539318 5.3539318 5.3421500 5.3461500 -0.0077820
Prev. Close Volume Bid Ask Time
5.3539318 2022-07-03 16:52:35
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