Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Bull Market Weakness (+75) - HKDCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDCZK as it may be in the beginning stages of a reversal.
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 UP since Mar 12th, 2020 at 2.99650
The intermediate-term trend has been UP since May 14th, 2020 at 3.30845
The short-term trend has been UP since May 25th, 2020 at 3.23935
Smart Scan Analysis for HKDCZK
Based on our trend formula, HKDCZK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).