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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)
Bear Market Rally (-75) - CADHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADHKD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for CADHKD
The long-term trend has been DOWN since Apr 5th, 2024 at 5.7459400
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 5.7506292
The short-term trend has been UP since Apr 19th, 2024 at 5.6991934
Smart Scan Analysis for CADHKD
Based on our trend formula, CADHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.7163950 | 5.7300807 | 5.7021146 | 5.7238250 | +0.0074300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.7163950 | 2024-04-25 13:12:00 |