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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Countertrend Down (-85) - HKDPLN 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 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
0.50548000 0.50590500 0.50318000 0.50426484 -0.00121500
Entry Signal

MarketClub’s Trade Triangles for HKDPLN

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 0.49941500

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.51014579

short term up The short-term trend has been UP since Jul 16th, 2024 at 0.50290865

Smart Scan Analysis for HKDPLN

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

-85
Smart Scan Analysis for HKDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.50548000 0.50590500 0.50318000 0.50426484 -0.00121500
Prev. Close Volume Bid Ask Time
0.50548000 2024-07-26 20:56:27
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