Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)
Weak Downtrend (-65) - CADHKD is showing signs of a strengthening downtrend. Monitor CADHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADHKD
The long-term trend has been UP since Dec 15th, 2023 at 5.8417918
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 5.7506292
The short-term trend has been DOWN since Mar 28th, 2024 at 5.7494074
Smart Scan Analysis for CADHKD
Based on our trend formula, CADHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.7794898 | 5.7827604 | 5.7730046 | 5.7743614 | -0.0051280 |
Prev. Close | Volume | Bid | Ask | Time |
5.7794898 | 2024-03-29 02:09:51 |