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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Bear Market Rally (-75) - HKDCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDCAD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HKDCAD?

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

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

FOREX_HKDCAD
Open High Low HKDCAD Price Change
0.158817 0.159154 0.158733 0.159024 +0.000207
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 0.158387

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.161839

short term up The short-term trend has been UP since Oct 22nd, 2021 at 0.159280

Smart Scan Analysis for HKDCAD

Based on our trend formula, HKDCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.158817 0.159154 0.158733 0.159024 +0.000207
Prev. Close Volume Bid Ask Time
0.158817 2021-10-25 06:21:20
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