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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

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.

FOREX_HKDTRY
Open High Low HKDTRY Price Change
4.2370245 4.2460405 4.2359780 4.2397585 +0.0027340
Entry Signal

MarketClub’s Trade Triangles for HKDTRY

long term up The long-term trend has been UP since Mar 14th, 2023 at 2.4596550

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 4.1532230

short term up The short-term trend has been UP since Jul 5th, 2024 at 4.1889785

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).

+100
Smart Scan Analysis for HKDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2370245 4.2460405 4.2359780 4.2397585 +0.0027340
Prev. Close Volume Bid Ask Time
4.2370245 2024-07-19 04:05:56
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