Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)
Bull Market Weakness (+75) - HKDTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDTRY as it may be in the beginning stages of a reversal.
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 DOWN since Dec 30th, 2020 at 0.9459020
The intermediate-term trend has been UP since Feb 25th, 2021 at 0.9435520
The short-term trend has been UP since Feb 17th, 2021 at 0.9073435
Smart Scan Analysis for HKDTRY
Based on our trend formula, HKDTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).