Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)
Crossroads (+60) - AUDHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for AUDHKD
The long-term trend has been DOWN since Apr 1st, 2021 at 5.8631900
The intermediate-term trend has been UP since Oct 10th, 2021 at 5.6975520
The short-term trend has been UP since Oct 3rd, 2021 at 5.6646043
Smart Scan Analysis for AUDHKD
Based on our trend formula, AUDHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).