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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

New Zealand Dollar/Hong Kong Dollar (FOREX:NZDHKD)

Countertrend Up (+85) - NZDHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_NZDHKD
Open High Low NZDHKD Price Change
4.7931839 4.7931839 4.7931839 4.7931839 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDHKD

long term up The long-term trend has been UP since Nov 28th, 2023 at 4.8323704

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 4.6965205

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 4.7982383

Smart Scan Analysis for NZDHKD

Based on our trend formula, NZDHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NZDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7931839 4.7931839 4.7931839 4.7931839 0.0000000
Prev. Close Volume Bid Ask Time
4.7931839 2023-12-09 14:27:09
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