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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)

Countertrend Up (+85) - HKDBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.63814561 0.63956940 0.63633988 0.63956940 +0.00142400
Entry Signal

MarketClub’s Trade Triangles for HKDBRL

long term up The long-term trend has been UP since Mar 18th, 2024 at 0.64135965

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2024 at 0.63236787

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.63718299

Smart Scan Analysis for HKDBRL

Based on our trend formula, HKDBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HKDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63814561 0.63956940 0.63633988 0.63956940 +0.00142400
Prev. Close Volume Bid Ask Time
0.63814561 2024-03-28 12:18:41
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