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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Sidelines Mode (-55) - HKDCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HKDCZK
The long-term trend has been DOWN since May 15th, 2024 at 2.91960
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 2.96095
The short-term trend has been UP since Jul 22nd, 2024 at 2.97235
Smart Scan Analysis for HKDCZK
Based on our trend formula, HKDCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.99155 | 2.99855 | 2.98615 | 2.99155 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.99155 | 2024-07-26 16:59:43 |