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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Bull Market Weakness (+75) - HKDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDCAD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_HKDCAD
Open High Low HKDCAD Price Change
0.1642247 0.1642247 0.1642247 0.1642247 0.0000000
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term up The long-term trend has been UP since May 9th, 2022 at 0.164973

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 0.164102

short term up The short-term trend has been UP since Jun 30th, 2022 at 0.164616

Smart Scan Analysis for HKDCAD

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

+70
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1642247 0.1642247 0.1642247 0.1642247 0.0000000
Prev. Close Volume Bid Ask Time
0.1642247 2022-07-02 10:38:41
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