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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)

Crossroads (+60) - HKDAUD 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 HKDAUD?

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

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

FOREX_HKDAUD
Open High Low HKDAUD Price Change
0.19478199 0.19478199 0.19478199 0.19478199 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term down The long-term trend has been DOWN since Aug 27th, 2024 at 0.18839750

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 0.19149650

short term up The short-term trend has been UP since Oct 21st, 2024 at 0.19280042

Smart Scan Analysis for HKDAUD

Based on our trend formula, HKDAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HKDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19478199 0.19478199 0.19478199 0.19478199 0.00000000
Prev. Close Volume Bid Ask Time
0.19478199 2024-10-26 04:48:36
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