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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Canadian Dollar/Hong Kong Dollar (FOREX:CADHKD)

Bull Market Weakness (+75) - CADHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADHKD as it may be in the beginning stages of a reversal.

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.

FOREX_CADHKD
Open High Low CADHKD Price Change
6.2842282 6.2862733 6.2827626 6.2837550 -0.0004730
Entry Signal

MarketClub’s Trade Triangles for CADHKD

long term up The long-term trend has been UP since Oct 19th, 2021 at 6.3147176

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 6.1796121

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 6.2694100

Smart Scan Analysis for CADHKD

Based on our trend formula, CADHKD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CADHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.2842282 6.2862733 6.2827626 6.2837550 -0.0004730
Prev. Close Volume Bid Ask Time
6.2842282 2021-10-28 01:23:32
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