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Forex Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)

Crossroads (+60) - HKDPLN 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 HKDPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDPLN
Open High Low HKDPLN Price Change
0.50296500 0.50320445 0.50229500 0.50276043 -0.00020500
Entry Signal

MarketClub’s Trade Triangles for HKDPLN

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 0.499415

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.501250

short term up The short-term trend has been UP since Sep 30th, 2024 at 0.494135

Smart Scan Analysis for HKDPLN

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

+60
Smart Scan Analysis for HKDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.50296500 0.50320445 0.50229500 0.50276043 -0.00020500
Prev. Close Volume Bid Ask Time
0.50296500 2024-10-04 03:39:24
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