Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hong Kong Dollar/US Dollar (FOREX:HKDUSD)
Strong Uptrend (+100) - HKDUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDUSD 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 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.
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MarketClub’s Trade Triangles for HKDUSD
The long-term trend has been UP since May 2nd, 2024 at 0.12801085
The intermediate-term trend has been UP since Jul 16th, 2024 at 0.12815674
The short-term trend has been UP since Jul 26th, 2024 at 0.12815250
Smart Scan Analysis for HKDUSD
Based on our trend formula, HKDUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12809173 | 0.12823642 | 0.12806967 | 0.12809264 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12809173 | 2024-07-26 17:04:42 |