Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
New Zealand Dollar/Hong Kong Dollar (FOREX:NZDHKD)
Weak Downtrend (-65) - NZDHKD is showing signs of a strengthening downtrend. Monitor NZDHKD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NZDHKD
The long-term trend has been UP since Jun 4th, 2020 at 5.00967
The intermediate-term trend has been DOWN since Mar 5th, 2021 at 5.54904
The short-term trend has been DOWN since Feb 26th, 2021 at 5.66530
Smart Scan Analysis for NZDHKD
Based on our trend formula, NZDHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).