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Forex Trend Analysis Report

Prepared for you on Monday, July 13, 2020.

Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)

Long-Term Uptrend (+90) - CHFHKD is in a strong uptrend that is likely to continue. While CHFHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
8.248615 8.252609 8.224720 8.229800 -0.018815
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 up The intermediate-term trend has been UP since May 1st, 2020 at 8.079373

short term up The short-term trend has been UP since Jul 2nd, 2020 at 8.208590

Smart Scan Analysis for CHFHKD

Based on our trend formula, CHFHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.248615 8.252609 8.224720 8.229800 -0.018815
Prev. Close Volume Bid Ask Time
8.248615 8.229100 8.230500 2020-07-13 07:11:59
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