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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.

FOREX_HKDTRY
Open High Low HKDTRY Price Change
0.9569715 0.9651165 0.9418320 0.9605920 +0.0036210
Entry Signal

MarketClub’s Trade Triangles for HKDTRY

long term down The long-term trend has been DOWN since Dec 30th, 2020 at 0.9459020

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 0.9435520

short term up 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).

+70
Smart Scan Analysis for HKDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9569715 0.9651165 0.9418320 0.9605920 +0.0036210
Prev. Close Volume Bid Ask Time
0.9569715 2021-02-26 10:56:13
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