Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Australian Dollar/Hong Kong Dollar (FOREX:AUDHKD)

Weak Uptrend (+65) - AUDHKD is showing signs of weakening momentum to the upside. Monitor AUDHKD as it may be in the beginning stages of a reversal.

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
5.1648929 5.1751987 5.1515000 5.1728000 +0.0079070
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term up The long-term trend has been UP since May 15th, 2024 at 5.2134150

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 5.1921444

short term down The short-term trend has been DOWN since May 29th, 2024 at 5.1674498

Smart Scan Analysis for AUDHKD

Based on our trend formula, AUDHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1648929 5.1751987 5.1515000 5.1728000 +0.0079070
Prev. Close Volume Bid Ask Time
5.1648929 2024-05-30 05:14:56
Get a free daily analysis and signals for Australian Dollar/Hong Kong Dollar (AUDHKD) - Request Your Free Report.