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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)

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

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

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

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

FOREX_HKDAED
Open High Low HKDAED Price Change
0.47293919 0.47297592 0.47271987 0.47277974 -0.00015900
Entry Signal

MarketClub’s Trade Triangles for HKDAED

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 0.47348643

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.47371306

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.47373184

Smart Scan Analysis for HKDAED

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

-100
Smart Scan Analysis for HKDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47293919 0.47297592 0.47271987 0.47277974 -0.00015900
Prev. Close Volume Bid Ask Time
0.47293919 2021-03-08 07:11:12
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