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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

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
9.3937 9.4378 9.3802 9.4157 +0.0220
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term up The long-term trend has been UP since Jul 14th, 2020 at 8.8525

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 9.2080

short term up The short-term trend has been UP since Nov 24th, 2020 at 9.2303

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
9.3937 9.4378 9.3802 9.4157 +0.0220
Prev. Close Volume Bid Ask Time
9.3937 2020-12-03 15:39:22
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