Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Strong Downtrend (-100) - HKDCZK 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 HKDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDCZK
The long-term trend has been DOWN since Jul 15th, 2020 at 2.99795
The intermediate-term trend has been DOWN since Nov 4th, 2020 at 2.94375
The short-term trend has been DOWN since Nov 30th, 2020 at 2.82305
Smart Scan Analysis for HKDCZK
Based on our trend formula, HKDCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).