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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)

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

Is it time to buy, sell, or avoid BRLHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLHKD
Open High Low BRLHKD Price Change
1.5099077 1.5243584 1.5099077 1.5193980 +0.0094900
Entry Signal

MarketClub’s Trade Triangles for BRLHKD

long term up The long-term trend has been UP since Feb 2nd, 2023 at 1.5628663

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 1.4970081

short term up The short-term trend has been UP since Mar 27th, 2023 at 1.5083727

Smart Scan Analysis for BRLHKD

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

+65
Smart Scan Analysis for BRLHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5099077 1.5243584 1.5099077 1.5193980 +0.0094900
Prev. Close Volume Bid Ask Time
1.5099077 2023-03-28 23:29:03
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