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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

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

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
0.10669165 0.10682150 0.10584587 0.10591089 -0.00078100
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long-term trend has been UP since Mar 5th, 2021 at 0.10791562

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2021 at 0.10777024

short term down The short-term trend has been DOWN since Apr 19th, 2021 at 0.10726852

Smart Scan Analysis for HKDEUR

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

-70
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10669165 0.10682150 0.10584587 0.10591089 -0.00078100
Prev. Close Volume Bid Ask Time
0.10669165 2021-05-07 14:40:37
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