Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
Hong Kong Dollar/Euro (FOREX:HKDEUR)
Countertrend Up (+85) - HKDEUR 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 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.
MarketClub’s Trade Triangles for HKDEUR
The long-term trend has been UP since Feb 5th, 2020 at 0.11704806
The intermediate-term trend has been UP since Jan 9th, 2020 at 0.11601050
The short-term trend has been DOWN since Feb 21st, 2020 at 0.11875357
Smart Scan Analysis for HKDEUR
Based on our trend formula, HKDEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).