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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.

FOREX_HKDAED
Open High Low HKDAED Price Change
0.46795661 0.46799334 0.46791988 0.46795661 0.00000000
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 up The intermediate-term trend has been UP since May 31st, 2022 at 0.46810260

short term up 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).

-60
Smart Scan Analysis for HKDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46795661 0.46799334 0.46791988 0.46795661 0.00000000
Prev. Close Volume Bid Ask Time
0.46795661 2022-06-24 16:57:33
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