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Forex Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
Euro/Hong Kong Dollar (FOREX:EURHKD)
Bull Market Weakness (+75) - EURHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for EURHKD
The long-term trend has been DOWN since Oct 23rd, 2024 at 8.368200
The intermediate-term trend has been UP since Jan 20th, 2025 at 8.115780
The short-term trend has been UP since Jan 14th, 2025 at 8.027595
Smart Scan Analysis for EURHKD
Based on our trend formula, EURHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.135395 | 8.194800 | 8.131675 | 8.179300 | +0.043905 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.135395 | 2025-01-24 22:20:25 |