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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

British Pound/Hong Kong Dollar (FOREX:GBPHKD)

Strong Downtrend (-100) - GBPHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPHKD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPHKD
Open High Low GBPHKD Price Change
10.442455 10.442455 10.442455 10.442455 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPHKD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 10.6317

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 10.4736

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 10.6289

Smart Scan Analysis for GBPHKD

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

-100
Smart Scan Analysis for GBPHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.442455 10.442455 10.442455 10.442455 0.000000
Prev. Close Volume Bid Ask Time
10.442455 2022-01-29 06:40:03
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