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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Hong Kong Dollar/British Pound (FOREX:HKDGBP)

Long-Term Uptrend (+90) - HKDGBP is in a strong uptrend that is likely to continue. While HKDGBP 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 HKDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDGBP
Open High Low HKDGBP Price Change
0.1069435 0.1080710 0.1068765 0.1077600 +0.0008160
Entry Signal

MarketClub’s Trade Triangles for HKDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.0940510

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2022 at 0.1065130

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.1054215

Smart Scan Analysis for HKDGBP

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

+90
Smart Scan Analysis for HKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1069435 0.1080710 0.1068765 0.1077600 +0.0008160
Prev. Close Volume Bid Ask Time
0.1069435 2022-08-19 15:55:28
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