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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

Hong Kong Dollar/Chinese Yuan Renminbi (FOREX:HKDCNY)

Strong Uptrend (+100) - HKDCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_HKDCNY
Open High Low HKDCNY Price Change
0.9359568 0.9366817 0.9354459 0.9358268 -0.0001300
Entry Signal

MarketClub’s Trade Triangles for HKDCNY

long term up The long-term trend has been UP since Nov 11th, 2024 at 0.9275201

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 0.9112070

short term up The short-term trend has been UP since Dec 13th, 2024 at 0.9359662

Smart Scan Analysis for HKDCNY

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

+100
Smart Scan Analysis for HKDCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9359568 0.9366817 0.9354459 0.9358268 -0.0001300
Prev. Close Volume Bid Ask Time
0.9359568 2024-12-13 20:15:09
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