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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)
Countertrend Down (-85) - AUDHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for AUDHKD
The long-term trend has been DOWN since Dec 3rd, 2024 at 5.0071893
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 5.2218233
The short-term trend has been UP since Dec 25th, 2024 at 4.8809000
Smart Scan Analysis for AUDHKD
Based on our trend formula, AUDHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.846670 | 4.852500 | 4.833685 | 4.836220 | -0.010450 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.846670 | 2024-12-26 05:07:53 |