Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)
Weak Downtrend (-65) - HKDNZD is showing signs of a strengthening downtrend. Monitor HKDNZD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HKDNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDNZD
The long-term trend has been UP since Mar 7th, 2023 at 0.20784950
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.21297577
The short-term trend has been DOWN since Nov 14th, 2023 at 0.21685300
Smart Scan Analysis for HKDNZD
Based on our trend formula, HKDNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).