Forex Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Euro/Hong Kong Dollar (FOREX:EURHKD)
Strong Downtrend (-100) - EURHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURHKD
The long-term trend has been DOWN since Aug 9th, 2021 at 9.132100
The intermediate-term trend has been DOWN since Jan 25th, 2022 at 8.786900
The short-term trend has been DOWN since Jan 18th, 2022 at 8.873255
Smart Scan Analysis for EURHKD
Based on our trend formula, EURHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).