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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Weak Uptrend (+65) - EURHKD is showing signs of weakening momentum to the upside. Monitor EURHKD as it may be in the beginning stages of a reversal.

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
8.50199 8.50790 8.47460 8.48407 -0.01792
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term up The long-term trend has been UP since Dec 14th, 2023 at 8.58890

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 8.51600

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 8.52987

Smart Scan Analysis for EURHKD

Based on our trend formula, EURHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.50199 8.50790 8.47460 8.48407 -0.01792
Prev. Close Volume Bid Ask Time
8.50199 2024-03-19 07:28:29
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