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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Weak Uptrend (+65) - HKDCAD is showing signs of weakening momentum to the upside. Monitor 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
0.164812 0.165284 0.164205 0.165110 +0.000298
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term up The long-term trend has been UP since May 9th, 2022 at 0.164973

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2022 at 0.163374

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.163333

Smart Scan Analysis for HKDCAD

Based on our trend formula, HKDCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.164812 0.165284 0.164205 0.165110 +0.000298
Prev. Close Volume Bid Ask Time
0.164812 2022-08-18 22:19:48
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