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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.

FOREX_HKDCHF
Open High Low HKDCHF Price Change
0.11682215 0.11740581 0.11634980 0.11710101 +0.00027900
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term down The long-term trend has been DOWN since Dec 25th, 2019 at 0.12498500

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2021 at 0.11505506

short term up 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).

+60
Smart Scan Analysis for HKDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11682215 0.11740581 0.11634980 0.11710101 +0.00027900
Prev. Close Volume Bid Ask Time
0.11682215 2021-02-26 17:11:51
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