Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

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

Strong Downtrend (-100) - HKDNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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
0.1833265 0.1835925 0.1827850 0.1827920 -0.0005340
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term down The long-term trend has been DOWN since Jun 4th, 2020 at 0.19961350

intermediate term down The intermediate-term trend has been DOWN since Oct 22nd, 2020 at 0.19309929

short term down The short-term trend has been DOWN since Nov 3rd, 2020 at 0.19332150

Smart Scan Analysis for HKDNZD

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

-100
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1833265 0.1835925 0.1827850 0.1827920 -0.0005340
Prev. Close Volume Bid Ask Time
0.1833265 2020-12-01 09:59:17
Get a free daily analysis and signals for Hong Kong Dollar/New Zealand Dollar (HKDNZD) - Request Your Free Report.