Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)

Strong Downtrend (-100) - HKDCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDCHF continues to fall. 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
0.11283452 0.11329448 0.11279441 0.11317341 +0.00033900
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term down The long-term trend has been DOWN since Jul 25th, 2024 at 0.11292539

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.11415050

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 0.11359824

Smart Scan Analysis for HKDCHF

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

-100
Smart Scan Analysis for HKDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11283452 0.11329448 0.11279441 0.11317341 +0.00033900
Prev. Close Volume Bid Ask Time
0.11283452 2024-07-26 17:02:12
Get a free daily analysis and signals for Hong Kong Dollar/Swiss Franc (HKDCHF) - Request Your Free Report.