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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

Strong Uptrend (+100) - HKDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDEUR 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 HKDEUR?

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

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

FOREX_HKDEUR
Open High Low HKDEUR Price Change
0.12180038 0.12197650 0.12173300 0.12192400 +0.00012400
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long-term trend has been UP since Oct 23rd, 2024 at 0.11950145

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 0.11993950

short term up The short-term trend has been UP since Nov 20th, 2024 at 0.12209058

Smart Scan Analysis for HKDEUR

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

+100
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12180038 0.12197650 0.12173300 0.12192400 +0.00012400
Prev. Close Volume Bid Ask Time
0.12180038 2024-11-21 02:32:39
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