Forex Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Long-Term Uptrend (+90) - HKDCZK is in a strong uptrend that is likely to continue. While HKDCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Feb 18th, 2020 at 2.97250
The intermediate-term trend has been UP since Jan 24th, 2020 at 2.93445
The short-term trend has been UP since Feb 13th, 2020 at 2.95585
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).