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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.

FOREX_AUDHKD
Open High Low AUDHKD Price Change
5.7685815 5.7685815 5.7685815 5.7685815 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AUDHKD

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 5.8631900

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 5.6975520

short term up 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).

+60
Smart Scan Analysis for AUDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7685815 5.7685815 5.7685815 5.7685815 0.0000000
Prev. Close Volume Bid Ask Time
5.7685815 2021-10-16 19:20:34
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