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.
MarketClub’s Trade Triangles for EURHKD
The long-term trend has been UP since Nov 15th, 2022 at 8.1371
The intermediate-term trend has been UP since Mar 17th, 2023 at 8.4474
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).