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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Euro/Hong Kong Dollar (FOREX:EURHKD)
Countertrend Down (-85) - EURHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for EURHKD
The long-term trend has been DOWN since Apr 12th, 2024 at 8.36182
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 8.47460
The short-term trend has been UP since Apr 17th, 2024 at 8.36030
Smart Scan Analysis for EURHKD
Based on our trend formula, EURHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.36180 | 8.37220 | 8.33454 | 8.33710 | -0.02470 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.36180 | 2024-04-18 13:35:01 |