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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.

FOREX_CHFHKD
Open High Low CHFHKD Price Change
7.962905 7.965321 7.915960 7.936967 -0.025938
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term up The long-term trend has been UP since Dec 27th, 2019 at 8.001050

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 7.939590

short term down 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).

-70
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.962905 7.965321 7.915960 7.936967 -0.025938
Prev. Close Volume Bid Ask Time
7.962905 7.934118 7.939815 2020-04-03 19:58:26
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