Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Hong Kong Dollar/Euro (FOREX:HKDEUR)
Strong Uptrend (+100) - HKDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HKDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDEUR
The long-term trend has been UP since Sep 14th, 2023 at 0.11974693
The intermediate-term trend has been UP since Aug 2nd, 2023 at 0.11717148
The short-term trend has been UP since Oct 2nd, 2023 at 0.12177850
Smart Scan Analysis for HKDEUR
Based on our trend formula, HKDEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).