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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)

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

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
0.19362591 0.19362591 0.19362591 0.19362591 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term up The long-term trend has been UP since Jan 29th, 2020 at 0.1908550

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2020 at 0.2041005

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.1961600

Smart Scan Analysis for HKDAUD

Based on our trend formula, HKDAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19362591 0.19362591 0.19362591 0.19362591 0.00000000
Prev. Close Volume Bid Ask Time
0.19362591 0.19353873 0.19371309 2020-05-30 21:14:52
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