Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Weak Uptrend (+65) - EURHKD is showing signs of weakening momentum to the upside. Monitor EURHKD as it may be in the beginning stages 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
8.46351 8.46700 8.46000 8.46312 -0.00039
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term up The long-term trend has been UP since Jul 17th, 2024 at 8.5372

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2024 at 8.4747

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 8.4855

Smart Scan Analysis for EURHKD

Based on our trend formula, EURHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.46351 8.46700 8.46000 8.46312 -0.00039
Prev. Close Volume Bid Ask Time
8.46351 2024-07-25 02:09:47
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