Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Hong Kong Dollar/US Dollar (FOREX:HKDUSD)
Weak Downtrend (-65) - HKDUSD is showing signs of a strengthening downtrend. Monitor HKDUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for HKDUSD
The long-term trend has been DOWN since Oct 13th, 2020 at 0.12893992
The intermediate-term trend has been DOWN since Sep 28th, 2020 at 0.12898649
The short-term trend has been DOWN since Nov 30th, 2020 at 0.12899814
Smart Scan Analysis for HKDUSD
Based on our trend formula, HKDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).