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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

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
0.1786555 0.1787605 0.1780305 0.1786655 +0.0000100
Entry Signal

MarketClub’s Trade Triangles for HKDAUD

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.1705555

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.1774775

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 0.1775703

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
0.1786555 0.1787605 0.1780305 0.1786655 +0.0000100
Prev. Close Volume Bid Ask Time
0.1786555 2022-01-21 14:32:56
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