Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Chinese Yuan Renminbi/Hong Kong Dollar (FOREX:CNYHKD)
Weak Downtrend (-65) - CNYHKD is showing signs of a strengthening downtrend. Monitor CNYHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CNYHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for CNYHKD
The long-term trend has been DOWN since Apr 15th, 2024 at 1.0918679
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 1.1034788
The short-term trend has been DOWN since Apr 23rd, 2024 at 1.1019352
Smart Scan Analysis for CNYHKD
Based on our trend formula, CNYHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.1040537 | 1.1061799 | 1.1019298 | 1.1033744 | -0.0006790 |
Prev. Close | Volume | Bid | Ask | Time |
1.1040537 | 2024-04-23 14:47:18 |