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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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.

FOREX_HKDAED
Open High Low HKDAED Price Change
0.47244698 0.47245066 0.47235349 0.47235716 -0.00009000
Entry Signal

MarketClub’s Trade Triangles for HKDAED

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 0.47348643

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 0.47209068

short term up The short-term trend has been UP since Oct 7th, 2021 at 0.47179759

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).

+60
Smart Scan Analysis for HKDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47244698 0.47245066 0.47235349 0.47235716 -0.00009000
Prev. Close Volume Bid Ask Time
0.47244698 2021-10-22 02:41:11
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