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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

Long-Term Uptrend (+90) - HKDEUR is in a strong uptrend that is likely to continue. While HKDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.12643750 0.12704706 0.12624669 0.12692530 +0.00048800
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.10950384

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2022 at 0.12615654

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.12463560

Smart Scan Analysis for HKDEUR

Based on our trend formula, HKDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12643750 0.12704706 0.12624669 0.12692530 +0.00048800
Prev. Close Volume Bid Ask Time
0.12643750 2022-08-19 16:40:43
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