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Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)
Bull Market Weakness (+75) - HKDCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDCHF as it may be in the beginning stages of a reversal.
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.
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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 Mar 19th, 2020 at 0.12594601
The short-term trend has been UP since Mar 31st, 2020 at 0.12460705
Smart Scan Analysis for HKDCHF
Based on our trend formula, HKDCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12603602 | 0.12637500 | 0.12587790 | 0.12626365 | +0.00022800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12603602 | 0.12624631 | 0.12628099 | 2020-04-06 18:53:21 |