Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Hong Kong Dollar (FOREX:GBPHKD)
Countertrend Down (-85) - GBPHKD 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 GBPHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHKD.
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 GBPHKD
The long-term trend has been DOWN since Apr 12th, 2024 at 9.7911
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 9.8926
The short-term trend has been UP since Apr 25th, 2024 at 9.7675
Smart Scan Analysis for GBPHKD
Based on our trend formula, GBPHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
9.78780 | 9.81871 | 9.74540 | 9.77570 | -0.01210 |
Prev. Close | Volume | Bid | Ask | Time |
9.78780 | 2024-04-26 19:59:40 |