Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Weak Downtrend (-65) - AUDHKD is showing signs of a strengthening downtrend. Monitor AUDHKD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid AUDHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDHKD
Open High Low AUDHKD Price Change
5.1136000 5.1286423 5.0967063 5.1102630 -0.0033370
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term up The long-term trend has been UP since May 15th, 2024 at 5.213415

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 5.181600

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 5.271000

Smart Scan Analysis for AUDHKD

Based on our trend formula, AUDHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1136000 5.1286423 5.0967063 5.1102630 -0.0033370
Prev. Close Volume Bid Ask Time
5.1136000 2024-07-26 19:59:41
Get a free daily analysis and signals for Australian Dollar/Hong Kong Dollar (AUDHKD) - Request Your Free Report.