Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Crossroads (-60) - HKDCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	HKDCAD Price	Change
0.17385000	0.17434400	0.17373768	0.17421600	+0.00036600
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

The long-term trend has been UP since Sep 5th, 2023 at 0.17387600

The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.17427600

The short-term trend has been DOWN since Nov 14th, 2023 at 0.17622877

Smart Scan Analysis for HKDCAD

Based on our trend formula, HKDCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.17385000	0.17434400	0.17373768	0.17421600	+0.00036600
Prev. Close	Volume	Bid	Ask	Time
0.17385000				2023-11-30 06:12:27

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