Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

Hong Kong Dollar/Swiss Franc (FOREX:HKDCHF)

Weak Downtrend (-65) - HKDCHF is showing signs of a strengthening downtrend. Monitor HKDCHF as it may be building momentum to the downside.

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
0.11607902 0.11625747 0.11595979 0.11614123 +0.00006200
Entry Signal

MarketClub’s Trade Triangles for HKDCHF

long term up The long-term trend has been UP since Mar 1st, 2021 at 0.11740581

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2021 at 0.11871658

short term down The short-term trend has been DOWN since May 16th, 2021 at 0.11601774

Smart Scan Analysis for HKDCHF

Based on our trend formula, HKDCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11607902 0.11625747 0.11595979 0.11614123 +0.00006200
Prev. Close Volume Bid Ask Time
0.11607902 2021-05-16 23:46:52
Get a free daily analysis and signals for Hong Kong Dollar/Swiss Franc (HKDCHF) - Request Your Free Report.