Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)
Countertrend Up (+85) - HKDCAD 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 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.
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MarketClub’s Trade Triangles for HKDCAD
The long-term trend has been UP since Nov 1st, 2024 at 0.17940800
The intermediate-term trend has been UP since Sep 17th, 2024 at 0.17467250
The short-term trend has been DOWN since Dec 5th, 2024 at 0.18001669
Smart Scan Analysis for HKDCAD
Based on our trend formula, HKDCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.1803440 | 0.1805385 | 0.1802900 | 0.1804695 | +0.0001260 |
Prev. Close | Volume | Bid | Ask | Time |
0.1803440 | 2024-12-06 06:08:36 |