Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)
Strong Uptrend (+100) - CADHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADHKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CADHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADHKD
The long-term trend has been UP since Aug 4th, 2020 at 5.8200800
The intermediate-term trend has been UP since Feb 15th, 2021 at 6.1241981
The short-term trend has been UP since Mar 9th, 2021 at 6.1508300
Smart Scan Analysis for CADHKD
Based on our trend formula, CADHKD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).