Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
New Zealand Dollar/Hong Kong Dollar (FOREX:NZDHKD)
Strong Downtrend (-100) - NZDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDHKD continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for NZDHKD
The long-term trend has been DOWN since Nov 29th, 2021 at 5.3012702
The intermediate-term trend has been DOWN since Jan 20th, 2022 at 5.2514000
The short-term trend has been DOWN since Jan 17th, 2022 at 5.2847000
Smart Scan Analysis for NZDHKD
Based on our trend formula, NZDHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).