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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.

FOREX_NZDHKD
Open High Low NZDHKD Price Change
5.2333343 5.2346950 5.2235397 5.2258795 -0.0074550
Entry Signal

MarketClub’s Trade Triangles for NZDHKD

long term down The long-term trend has been DOWN since Nov 29th, 2021 at 5.3012702

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2022 at 5.2514000

short term down 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).

-100
Smart Scan Analysis for NZDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2333343 5.2346950 5.2235397 5.2258795 -0.0074550
Prev. Close Volume Bid Ask Time
5.2333343 2022-01-23 19:31:59
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