Free Daily Analysis

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.

FOREX_HKDNZD
Open High Low HKDNZD Price Change
0.2102405 0.2109955 0.2086270 0.2091200 -0.0011200
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term up The long-term trend has been UP since Mar 7th, 2023 at 0.20784950

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.21297577

short term down 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).

-70
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2102405 0.2109955 0.2086270 0.2091200 -0.0011200
Prev. Close Volume Bid Ask Time
0.2102405 2023-11-28 14:29:59
Get a free daily analysis and signals for Hong Kong Dollar/New Zealand Dollar (HKDNZD) - Request Your Free Report.