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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)
Long-Term Uptrend (+90) - HKDAED is in a strong uptrend that is likely to continue. While HKDAED 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 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 UP since Dec 8th, 2024 at 0.47218931
The short-term trend has been UP since Dec 23rd, 2024 at 0.47280242
Smart Scan Analysis for HKDAED
Based on our trend formula, HKDAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.47285835 | 0.47288020 | 0.47283080 | 0.47283447 | -0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.47285835 | 2024-12-26 17:24:04 |