Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Hong Kong Dollar/South African Rand (FOREX:HKDZAR)

Sidelines Mode (+55) - HKDZAR 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 HKDZAR?

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

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

FOREX_HKDZAR
Open High Low HKDZAR Price Change
1.8535082 1.8691153 1.8533610 1.8645272 +0.0110190
Entry Signal

MarketClub’s Trade Triangles for HKDZAR

long term up The long-term trend has been UP since Jul 23rd, 2021 at 1.9096718

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2021 at 1.8771080

short term up The short-term trend has been UP since Oct 11th, 2021 at 1.9238111

Smart Scan Analysis for HKDZAR

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

+55
Smart Scan Analysis for HKDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8535082 1.8691153 1.8533610 1.8645272 +0.0110190
Prev. Close Volume Bid Ask Time
1.8535082 2021-10-21 06:57:53
Get a free daily analysis and signals for Hong Kong Dollar/South African Rand (HKDZAR) - Request Your Free Report.