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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)
Long-Term Downtrend (-90) - AUDHKD is in a strong downtrend that is likely to continue. While AUDHKD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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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 DOWN since Dec 10th, 2024 at 4.9584000
Smart Scan Analysis for AUDHKD
Based on our trend formula, AUDHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9560799 | 4.9600626 | 4.9259500 | 4.9544727 | -0.0016070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9560799 | 2024-12-11 16:25:47 |