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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)
Bull Market Weakness (+75) - HKDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDAUD as it may be in the beginning stages of a reversal.
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 DOWN since May 15th, 2024 at 0.1918130
The intermediate-term trend has been UP since Jul 22nd, 2024 at 0.1929560
The short-term trend has been UP since Jul 15th, 2024 at 0.1897025
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1955330 | 0.1958882 | 0.1950230 | 0.1956409 | +0.0001080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1955330 | 2024-07-26 19:30:45 |