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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Hong Kong Dollar/Australian Dollar (FOREX:HKDAUD)
Countertrend Up (+85) - HKDAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for HKDAUD
The long-term trend has been UP since Apr 15th, 2024 at 0.1985025
The intermediate-term trend has been UP since Apr 12th, 2024 at 0.1971695
The short-term trend has been DOWN since Apr 21st, 2024 at 0.1978105
Smart Scan Analysis for HKDAUD
Based on our trend formula, HKDAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1976045 | 0.1981180 | 0.1974390 | 0.1978875 | +0.0002830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1976045 | 2024-04-23 06:53:39 |