Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Strong Uptrend (+100) - EURHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURHKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_EURHKD
Open High Low EURHKD Price Change
8.50521 8.53992 8.49759 8.53476 +0.02955
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term up The long-term trend has been UP since Nov 15th, 2022 at 8.1371

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 8.4474

short term up The short-term trend has been UP since Mar 17th, 2023 at 8.4474

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).

+100
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.50521 8.53992 8.49759 8.53476 +0.02955
Prev. Close Volume Bid Ask Time
8.50521 2023-03-30 05:04:33
Get a free daily analysis and signals for Euro/Hong Kong Dollar (EURHKD) - Request Your Free Report.