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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Sidelines Mode (+55) - HKDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HKDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDUSD
Open High Low HKDUSD Price Change
0.12863035 0.12863639 0.12859338 0.12861157 -0.00001900
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 0.12893992

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 0.12854028

short term down The short-term trend has been DOWN since Oct 26th, 2021 at 0.12859669

Smart Scan Analysis for HKDUSD

Based on our trend formula, HKDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12863035 0.12863639 0.12859338 0.12861157 -0.00001900
Prev. Close Volume Bid Ask Time
0.12863035 2021-10-26 08:35:39
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