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Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)
Long-Term Uptrend (+90) - HKDNZD is in a strong uptrend that is likely to continue. While HKDNZD 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 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.
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MarketClub’s Trade Triangles for HKDNZD
The long-term trend has been UP since Nov 14th, 2024 at 0.21987700
The intermediate-term trend has been UP since Oct 7th, 2024 at 0.20948450
The short-term trend has been UP since Dec 3rd, 2024 at 0.22027774
Smart Scan Analysis for HKDNZD
Based on our trend formula, HKDNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2215695 | 0.2216115 | 0.2211655 | 0.2212555 | -0.0003140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2215695 | 2024-12-12 02:18:48 |