Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)
Crossroads (+60) - HKDCHF 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 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.
MarketClub’s Trade Triangles for HKDCHF
The long-term trend has been DOWN since Dec 25th, 2019 at 0.12498500
The intermediate-term trend has been UP since Jan 17th, 2021 at 0.11505506
The short-term trend has been UP since Feb 17th, 2021 at 0.11548200
Smart Scan Analysis for HKDCHF
Based on our trend formula, HKDCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).