Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Bear Market Rally (-75) - EURHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURHKD as it may be in the beginning of a reversal.

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
8.426300 8.444100 8.405260 8.433875 +0.007575
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 8.3790

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2020 at 8.4232

short term up The short-term trend has been UP since Apr 7th, 2020 at 8.4127

Smart Scan Analysis for EURHKD

Based on our trend formula, EURHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.426300 8.444100 8.405260 8.433875 +0.007575
Prev. Close Volume Bid Ask Time
8.426300 8.433180 8.434570 2020-04-09 06:43:34
Get a free daily analysis and signals for Euro/Hong Kong Dollar (EURHKD) - Request Your Free Report.