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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)

Bull Market Weakness (+75) - CHFHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFHKD as it may be in the beginning stages of a reversal.

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.

FOREX_CHFHKD
Open High Low CHFHKD Price Change
8.523960 8.526521 8.523325 8.525290 +0.001330
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term up The long-term trend has been UP since Dec 9th, 2022 at 8.357340

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 8.555250

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 8.513694

Smart Scan Analysis for CHFHKD

Based on our trend formula, CHFHKD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.523960 8.526521 8.523325 8.525290 +0.001330
Prev. Close Volume Bid Ask Time
8.523960 2023-03-29 00:12:29
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