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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)
Sidelines Mode (-55) - HKDAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HKDAUD
The long-term trend has been UP since May 9th, 2022 at 0.182042
The intermediate-term trend has been DOWN since Jul 22nd, 2022 at 0.183006
The short-term trend has been UP since Aug 15th, 2022 at 0.180395
Smart Scan Analysis for HKDAUD
Based on our trend formula, HKDAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18169600 | 0.18242809 | 0.18116300 | 0.18170300 | +0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18169600 | 2022-08-16 15:12:56 |