Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)
Weak Downtrend (-65) - CHFHKD is showing signs of a strengthening downtrend. Monitor CHFHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFHKD
The long-term trend has been UP since Dec 27th, 2019 at 8.001050
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 7.939590
The short-term trend has been DOWN since Mar 31st, 2020 at 8.029235
Smart Scan Analysis for CHFHKD
Based on our trend formula, CHFHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).