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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Weak Downtrend (-65) - EURHKD is showing signs of a strengthening downtrend. Monitor EURHKD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURHKD
Open High Low EURHKD Price Change
9.018440 9.039800 9.014100 9.039065 +0.020625
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 9.132100

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 9.123215

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 9.034200

Smart Scan Analysis for EURHKD

Based on our trend formula, EURHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.018440 9.039800 9.014100 9.039065 +0.020625
Prev. Close Volume Bid Ask Time
9.018440 2021-10-26 07:07:46
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