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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)

Countertrend Down (-85) - HKDNZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.1795235 0.1795685 0.1793435 0.1793815 -0.0001420
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 0.17942329

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2021 at 0.18166200

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.18566900

Smart Scan Analysis for HKDNZD

Based on our trend formula, HKDNZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1795235 0.1795685 0.1793435 0.1793815 -0.0001420
Prev. Close Volume Bid Ask Time
0.1795235 2021-10-22 02:28:10
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