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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)

Weak Downtrend (-65) - HKDAED is showing signs of a strengthening downtrend. Monitor HKDAED as it may be building momentum to the downside.

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
0.46906973 0.46923693 0.46902566 0.46916331 +0.00009400
Entry Signal

MarketClub’s Trade Triangles for HKDAED

long term down The long-term trend has been DOWN since Feb 29th, 2024 at 0.46917760

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.46915851

short term up The short-term trend has been UP since Apr 24th, 2024 at 0.46893633

Smart Scan Analysis for HKDAED

Based on our trend formula, HKDAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for HKDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46906973 0.46923693 0.46902566 0.46916331 +0.00009400
Prev. Close Volume Bid Ask Time
0.46906973 2024-04-26 07:42:04
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