Forex Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)
Weak Uptrend (+65) - HKDAUD is showing signs of weakening momentum to the upside. Monitor HKDAUD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HKDAUD
The long-term trend has been UP since Apr 1st, 2021 at 0.1705555
The intermediate-term trend has been DOWN since Sep 2nd, 2021 at 0.1739930
The short-term trend has been UP since Sep 7th, 2021 at 0.1738310
Smart Scan Analysis for HKDAUD
Based on our trend formula, HKDAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).