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Forex Trend Analysis Report

Prepared for you on Wednesday, December 2, 2020.

Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)

Strong Downtrend (-100) - HKDAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HKDAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDAUD
Open High Low HKDAUD Price Change
0.17491200 0.17547200 0.17386600 0.17408051 -0.00083100
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term down The long-term trend has been DOWN since Dec 2nd, 2020 at 0.17404600

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.17814887

short term down The short-term trend has been DOWN since Dec 2nd, 2020 at 0.17416750

Smart Scan Analysis for HKDAUD

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

-100
Smart Scan Analysis for HKDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17491200 0.17547200 0.17386600 0.17408051 -0.00083100
Prev. Close Volume Bid Ask Time
0.17491200 2020-12-02 22:39:11
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