Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Hong Kong Dollar/Czech Koruna (FOREX:HKDCZK)
Countertrend Up (+85) - HKDCZK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HKDCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HKDCZK
The long-term trend has been UP since Aug 24th, 2023 at 2.85055
The intermediate-term trend has been UP since Mar 27th, 2024 at 2.99325
The short-term trend has been DOWN since Apr 17th, 2024 at 3.02285
Smart Scan Analysis for HKDCZK
Based on our trend formula, HKDCZK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.03585 | 3.03820 | 3.02000 | 3.02820 | -0.00765 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.03585 | 2024-04-19 12:48:04 |