Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)

Long-Term Downtrend (-90) - HKDCHF is in a strong downtrend that is likely to continue. While HKDCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_HKDCHF
Open High Low HKDCHF Price Change
0.11640411 0.11688797 0.11634655 0.11686969 +0.00046600
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term down The long-term trend has been DOWN since Dec 9th, 2022 at 0.11962821

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2023 at 0.11691205

short term down The short-term trend has been DOWN since Mar 30th, 2023 at 0.11637782

Smart Scan Analysis for HKDCHF

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

-90
Smart Scan Analysis for HKDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11640411 0.11688797 0.11634655 0.11686969 +0.00046600
Prev. Close Volume Bid Ask Time
0.11640411 2023-03-31 06:00:19
Get a free daily analysis and signals for Hong Kong Dollar/Swiss Franc (HKDCHF) - Request Your Free Report.