Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)

Long-Term Uptrend (+90) - HKDAUD is in a strong uptrend that is likely to continue. While HKDAUD 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 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
0.19988150 0.19991200 0.19848050 0.19898283 -0.00089900
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.1985025

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 0.1971695

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.1947400

Smart Scan Analysis for HKDAUD

Based on our trend formula, HKDAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19988150 0.19991200 0.19848050 0.19898283 -0.00089900
Prev. Close Volume Bid Ask Time
0.19988150 2024-04-19 21:55:09
Get a free daily analysis and signals for Hong Kong Dollar/Australian Dollar (HKDAUD) - Request Your Free Report.