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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)

Long-Term Downtrend (-90) - HKDCHF is in a strong downtrend that is likely to continue. While HKDCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_HKDCHF
Open High Low HKDCHF Price Change
0.11755891 0.11763985 0.11697159 0.11708609 -0.00047300
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term down The long-term trend has been DOWN since Jan 13th, 2022 at 0.11676667

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2022 at 0.11678071

short term down The short-term trend has been DOWN since Jan 21st, 2022 at 0.11728110

Smart Scan Analysis for HKDCHF

Based on our trend formula, HKDCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HKDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11755891 0.11763985 0.11697159 0.11708609 -0.00047300
Prev. Close Volume Bid Ask Time
0.11755891 2022-01-21 17:06:28
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