Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)
Strong Uptrend (+100) - HKDTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HKDTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDTRY
The long-term trend has been UP since Aug 25th, 2019 at 0.7958350
The intermediate-term trend has been UP since Jan 30th, 2020 at 0.7701800
The short-term trend has been UP since Feb 5th, 2020 at 0.7707215
Smart Scan Analysis for HKDTRY
Based on our trend formula, HKDTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).