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.
MarketClub’s Trade Triangles for HKDCHF
The long-term trend has been DOWN since Dec 25th, 2019 at 0.1249850
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.1165025
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).