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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Swiss Franc/Hong Kong Dollar (FOREX:CHFHKD)
Strong Downtrend (-100) - CHFHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFHKD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CHFHKD
The long-term trend has been DOWN since Mar 18th, 2024 at 8.798953
The intermediate-term trend has been DOWN since Jan 16th, 2024 at 9.080579
The short-term trend has been DOWN since Apr 23rd, 2024 at 8.585728
Smart Scan Analysis for CHFHKD
Based on our trend formula, CHFHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.591620 | 8.595008 | 8.563580 | 8.566784 | -0.024836 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.591620 | 2024-04-24 05:15:13 |