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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)
Strong Uptrend (+100) - HKDAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jul 25th, 2024 at 0.47066031
The short-term trend has been UP since Jul 22nd, 2024 at 0.47052121
Smart Scan Analysis for HKDAED
Based on our trend formula, HKDAED is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.47047824 | 0.47055952 | 0.47041580 | 0.47050946 | +0.00003100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.47047824 | 2024-07-26 16:52:19 |