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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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, SHORTSYMBOL 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
0.11494682 0.11505094 0.11464293 0.11473964 -0.00020700
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term down The long-term trend has been DOWN since Dec 25th, 2019 at 0.1249850

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.1165025

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.1172740

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
0.11494682 0.11505094 0.11464293 0.11473964 -0.00020700
Prev. Close Volume Bid Ask Time
0.11494682 2020-12-04 09:35:55
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