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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Long-Term Uptrend (+90) - HKDUSD is in a strong uptrend that is likely to continue. While HKDUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.12765702 0.12765808 0.12757299 0.12757950 -0.00007800
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term up The long-term trend has been UP since Aug 11th, 2022 at 0.12748923

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 0.12742433

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.12739990

Smart Scan Analysis for HKDUSD

Based on our trend formula, HKDUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12765702 0.12765808 0.12757299 0.12757950 -0.00007800
Prev. Close Volume Bid Ask Time
0.12765702 2022-08-15 18:50:00
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