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Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Long-Term Downtrend (-90) - HKDCZK is in a strong downtrend that is likely to continue. While HKDCZK is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for HKDCZK
The long-term trend has been DOWN since Nov 15th, 2022 at 2.98925
The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 2.78690
The short-term trend has been DOWN since Mar 21st, 2023 at 2.84865
Smart Scan Analysis for HKDCZK
Based on our trend formula, HKDCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7778 | 2.7787 | 2.7761 | 2.7776 | -0.0002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7778 | 2023-03-29 01:57:46 |