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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Long-Term Uptrend (+90) - EURHKD is in a strong uptrend that is likely to continue. While EURHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
9.44230 9.49210 9.43460 9.47772 +0.03542
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term up The long-term trend has been UP since Jul 14th, 2020 at 8.8525

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 9.4354

short term up The short-term trend has been UP since Feb 22nd, 2021 at 9.4173

Smart Scan Analysis for EURHKD

Based on our trend formula, EURHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.44230 9.49210 9.43460 9.47772 +0.03542
Prev. Close Volume Bid Ask Time
9.44230 2021-02-25 11:19:17
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