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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)
Countertrend Down (-85) - HKDDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HKDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDDKK.
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 HKDDKK
The long-term trend has been DOWN since Jul 17th, 2024 at 0.8736384
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 0.8801498
The short-term trend has been UP since Jul 22nd, 2024 at 0.8785050
Smart Scan Analysis for HKDDKK
Based on our trend formula, HKDDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8804203 | 0.8822052 | 0.8791912 | 0.8793640 | -0.0010560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8804203 | 2024-07-26 17:04:33 |