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Forex Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Long-Term Uptrend (+90) - AUDHKD is in a strong uptrend that is likely to continue. While AUDHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
5.5999500 5.5999500 5.5651037 5.5965500 -0.0034000
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term up The long-term trend has been UP since Jan 4th, 2023 at 5.3605492

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2023 at 5.3605492

short term up The short-term trend has been UP since Jan 23rd, 2023 at 5.4766076

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).

+90
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.5999500 5.5999500 5.5651037 5.5965500 -0.0034000
Prev. Close Volume Bid Ask Time
5.5965500 2023-01-28 23:20:37
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