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.
MarketClub’s Trade Triangles for CHFHKD
The long-term trend has been UP since Dec 9th, 2022 at 8.357340
The intermediate-term trend has been UP since Mar 12th, 2023 at 8.555250
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).