Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)
Bull Market Weakness (+75) - HKDPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDPLN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HKDPLN
The long-term trend has been UP since Feb 24th, 2022 at 0.539015
The intermediate-term trend has been DOWN since Aug 10th, 2022 at 0.583255
The short-term trend has been UP since Aug 15th, 2022 at 0.581465
Smart Scan Analysis for HKDPLN
Based on our trend formula, HKDPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).