Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
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 DOWN since Sep 17th, 2021 at 8.374540
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 8.426705
The short-term trend has been UP since Nov 26th, 2021 at 8.377430
Smart Scan Analysis for CHFHKD
Based on our trend formula, CHFHKD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).