Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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

Crossroads (-60) - HKDNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	HKDNZD Price	Change
0.1985545	0.1992795	0.1984635	0.1991115	+0.0005570
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

The long-term trend has been UP since Apr 28th, 2022 at 0.1965055

The intermediate-term trend has been DOWN since Jul 28th, 2022 at 0.2020855

The short-term trend has been DOWN since Aug 10th, 2022 at 0.2020775

Smart Scan Analysis for HKDNZD

Based on our trend formula, HKDNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.1985545	0.1992795	0.1984635	0.1991115	+0.0005570
Prev. Close	Volume	Bid	Ask	Time
0.1985545				2022-08-15 03:01:47

Get a free daily analysis and signals for Hong Kong Dollar/New Zealand Dollar (HKDNZD) - Request Your Free Report.