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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

Strong Uptrend (+100) - HKDBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_HKDBRL
Open High Low HKDBRL Price Change
0.66937409 0.68008280 0.66924042 0.67951800 +0.01014400
Entry Signal

MarketClub’s Trade Triangles for HKDBRL

long term up The long-term trend has been UP since Jun 23rd, 2022 at 0.66702360

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 0.63806319

short term up The short-term trend has been UP since Jul 1st, 2022 at 0.67254530

Smart Scan Analysis for HKDBRL

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

+100
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66937409 0.68008280 0.66924042 0.67951800 +0.01014400
Prev. Close Volume Bid Ask Time
0.66937409 2022-07-01 17:22:23
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