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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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.

FOREX_CADHKD
Open High Low CADHKD Price Change
6.08994 6.08994 6.08994 6.08994 0.00000
Entry Signal

MarketClub’s Trade Triangles for CADHKD

long term down The long-term trend has been DOWN since May 9th, 2022 at 6.0614134

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 6.0923497

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 6.0745331

Smart Scan Analysis for CADHKD

Based on our trend formula, CADHKD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CADHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.08994 6.08994 6.08994 6.08994 0.00000
Prev. Close Volume Bid Ask Time
6.08994 2022-07-02 02:39:46
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