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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)
Crossroads (-60) - HKDAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HKDAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDAED.
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 HKDAED
The long-term trend has been UP since May 2nd, 2024 at 0.46993544
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 0.47228352
The short-term trend has been DOWN since Nov 11th, 2024 at 0.47235560
Smart Scan Analysis for HKDAED
Based on our trend formula, HKDAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.47191806 | 0.47203302 | 0.47191439 | 0.47198528 | +0.00006700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.47191806 | 2024-11-20 03:28:25 |