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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
New Zealand Dollar/Hong Kong Dollar (FOREX:NZDHKD)
Countertrend Down (-85) - NZDHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for NZDHKD
The long-term trend has been DOWN since Nov 14th, 2024 at 4.5511800
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 4.7735172
The short-term trend has been UP since Nov 19th, 2024 at 4.5921617
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5984900 | 4.6005663 | 4.5825999 | 4.5841200 | -0.0143700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5984900 | 2024-11-20 03:34:20 |