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Forex Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

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
8.225590 8.232005 8.195380 8.221960 -0.003630
Entry Signal

MarketClub’s Trade Triangles for CHFHKD

long term down The long-term trend has been DOWN since Mar 14th, 2022 at 8.346350

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2022 at 8.214988

short term up The short-term trend has been UP since Jun 16th, 2022 at 7.949580

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
8.225590 8.232005 8.195380 8.221960 -0.003630
Prev. Close Volume Bid Ask Time
8.225590 2022-06-30 03:47:33
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