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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 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.

FOREX_NZDHKD
Open High Low NZDHKD Price Change
5.4821450 5.5049056 5.4805000 5.5006000 +0.0184550
Entry Signal

MarketClub’s Trade Triangles for NZDHKD

long term down The long-term trend has been DOWN since Mar 23rd, 2021 at 5.4297895

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 5.4413000

short term up The short-term trend has been UP since Oct 14th, 2021 at 5.4321000

Smart Scan Analysis for NZDHKD

Based on our trend formula, NZDHKD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NZDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4821450 5.5049056 5.4805000 5.5006000 +0.0184550
Prev. Close Volume Bid Ask Time
5.4821450 2021-10-15 17:01:30
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