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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

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
5.5463792 5.5463792 5.5463792 5.5463792 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term up The long-term trend has been UP since Jun 1st, 2020 at 5.227055

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 4.904050

short term up The short-term trend has been UP since Aug 5th, 2020 at 5.573300

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
5.5463792 5.5463792 5.5463792 5.5463792 0.0000000
Prev. Close Volume Bid Ask Time
5.5463792 5.5446080 5.5481504 2020-08-09 02:01:05
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