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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Hong Kong Dollar/British Pound (FOREX:HKDGBP)

Bull Market Weakness (+75) - HKDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDGBP as it may be in the beginning stages of a reversal.

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
0.1042805 0.1056675 0.1040610 0.1051225 +0.0008420
Entry Signal

MarketClub’s Trade Triangles for HKDGBP

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.1000755

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2020 at 0.1008605

short term up The short-term trend has been UP since Apr 3rd, 2020 at 0.1049730

Smart Scan Analysis for HKDGBP

Based on our trend formula, HKDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1042805 0.1056675 0.1040610 0.1051225 +0.0008420
Prev. Close Volume Bid Ask Time
0.1042805 0.1050680 0.1051770 2020-04-03 17:10:21
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