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Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)
Strong Downtrend (-100) - TRYHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRYHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHKD.
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 TRYHKD
The long-term trend has been DOWN since Mar 13th, 2023 at 0.40965
The intermediate-term trend has been DOWN since Sep 13th, 2023 at 0.28715
The short-term trend has been DOWN since Dec 8th, 2023 at 0.26975
Smart Scan Analysis for TRYHKD
Based on our trend formula, TRYHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2698 | 0.2700 | 0.2689 | 0.2695 | -0.0003 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2698 | 2023-12-08 17:06:59 |