Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

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.

FOREX_HKDCZK
Open High Low HKDCZK Price Change
2.9567 2.9582 2.9549 2.9568 +0.0001
Entry Signal

MarketClub’s Trade Triangles for HKDCZK

long term down The long-term trend has been DOWN since Aug 21st, 2024 at 2.88345

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 2.92415

short term up The short-term trend has been UP since Sep 27th, 2024 at 2.90935

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).

+70
Smart Scan Analysis for HKDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9567 2.9582 2.9549 2.9568 +0.0001
Prev. Close Volume Bid Ask Time
2.9567 2024-10-04 03:47:23
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