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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

Sidelines Mode (-55) - HKDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_HKDEUR
Open High Low HKDEUR Price Change
0.11840962 0.11860850 0.11833340 0.11845969 +0.00005000
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long-term trend has been UP since Mar 19th, 2020 at 0.11934050

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2020 at 0.11737228

short term up The short-term trend has been UP since May 22nd, 2020 at 0.11828301

Smart Scan Analysis for HKDEUR

Based on our trend formula, HKDEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11840962 0.11860850 0.11833340 0.11845969 +0.00005000
Prev. Close Volume Bid Ask Time
0.11840962 0.11845155 0.11846783 2020-05-25 04:56:05
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