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.
MarketClub’s Trade Triangles for CHFHKD
The long-term trend has been DOWN since Mar 14th, 2022 at 8.346350
The intermediate-term trend has been UP since Jun 24th, 2022 at 8.214988
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).