Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
Hong Kong Dollar/United Arab Emirates Dirham (FOREX:HKDAED)
Crossroads (-60) - HKDAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for HKDAED
The long-term trend has been DOWN since Mar 1st, 2021 at 0.47348643
The intermediate-term trend has been UP since May 31st, 2022 at 0.46810260
The short-term trend has been UP since Jun 23rd, 2022 at 0.46798600
Smart Scan Analysis for HKDAED
Based on our trend formula, HKDAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).