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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Bull Market Weakness (+75) - HKDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDCAD as it may be in the beginning stages 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
0.17483200 0.17536550 0.17461444 0.17523350 +0.00040100
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term up The long-term trend has been UP since Apr 5th, 2024 at 0.174036

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.174557

short term up The short-term trend has been UP since Jul 14th, 2024 at 0.174813

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
0.17483200 0.17536550 0.17461444 0.17523350 +0.00040100
Prev. Close Volume Bid Ask Time
0.17483200 2024-07-15 16:37:05
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