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Forex Trend Analysis Report

Prepared for you on Tuesday, April 30, 2024.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Strong Downtrend (-100) - AUDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDHKD continues to fall. Traders should use caution and set stops.

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
5.1114800 5.1157000 5.0637412 5.0684000 -0.0430800
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 5.037257

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 5.071400

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 5.101100

Smart Scan Analysis for AUDHKD

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

-100
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1114800 5.1157000 5.0637412 5.0684000 -0.0430800
Prev. Close Volume Bid Ask Time
5.1114800 2024-04-30 17:12:22
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