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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Long-Term Uptrend (+90) - HKDCAD is in a strong uptrend that is likely to continue. While HKDCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.1711125 0.1711745 0.1710305 0.1710565 -0.0000560
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term up The long-term trend has been UP since Jan 31st, 2020 at 0.1703710

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.1687135

short term up The short-term trend has been UP since Feb 24th, 2020 at 0.1705425

Smart Scan Analysis for HKDCAD

Based on our trend formula, HKDCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1711125 0.1711745 0.1710305 0.1710565 -0.0000560
Prev. Close Volume Bid Ask Time
0.1711125 0.1710400 0.1710730 2020-02-27 01:02:39
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