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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

Weak Downtrend (-65) - BRLHKD is showing signs of a strengthening downtrend. Monitor BRLHKD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BRLHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLHKD
Open High Low BRLHKD Price Change
1.4342119 1.4347564 1.4071643 1.4110387 -0.0231730
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term up The long-term trend has been UP since Dec 1st, 2020 at 1.4869109

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 1.4851247

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 1.4218178

Smart Scan Analysis for BRLHKD

Based on our trend formula, BRLHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4342119 1.4347564 1.4071643 1.4110387 -0.0231730
Prev. Close Volume Bid Ask Time
1.4342119 2021-02-25 12:10:54
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