Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)

Crossroads (-60) - CHFHKD 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 CHFHKD?

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

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

FOREX_CHFHKD
Open High Low CHFHKD Price Change
7.901286 7.908532 7.895785 7.906595 +0.005309
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term up The long-term trend has been UP since Dec 27th, 2019 at 8.001050

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2020 at 7.957875

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 7.935156

Smart Scan Analysis for CHFHKD

Based on our trend formula, CHFHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.901286 7.908532 7.895785 7.906595 +0.005309
Prev. Close Volume Bid Ask Time
7.901286 7.905940 7.907250 2020-02-20 03:07:30
Get a free daily analysis and signals for Swiss Franc/Hong Kong Dollar (CHFHKD) - Request Your Free Report.