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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)

Crossroads (+60) - HKDCAD 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 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
0.17866333 0.17866333 0.17866333 0.17866333 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HKDCAD

long term down The long-term trend has been DOWN since Aug 23rd, 2024 at 0.1739430

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2024 at 0.1746725

short term up The short-term trend has been UP since Oct 20th, 2024 at 0.1778105

Smart Scan Analysis for HKDCAD

Based on our trend formula, HKDCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HKDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17866333 0.17866333 0.17866333 0.17866333 0.00000000
Prev. Close Volume Bid Ask Time
0.17866333 2024-10-26 04:48:37
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