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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/Euro (FOREX:HKDEUR)
Countertrend Down (-85) - HKDEUR 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 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.
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MarketClub’s Trade Triangles for HKDEUR
The long-term trend has been DOWN since Jul 17th, 2024 at 0.11713443
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 0.11799411
The short-term trend has been UP since Jul 19th, 2024 at 0.11784810
Smart Scan Analysis for HKDEUR
Based on our trend formula, HKDEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11796946 | 0.11815750 | 0.11782588 | 0.11782588 | -0.00014400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11796946 | 2024-07-26 17:04:33 |