Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Hong Kong Dollar/Euro (FOREX:HKDEUR)
Long-Term Uptrend (+90) - HKDEUR is in a strong uptrend that is likely to continue. While HKDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Mar 19th, 2020 at 0.11934050
The intermediate-term trend has been UP since Mar 18th, 2020 at 0.11874934
The short-term trend has been UP since Mar 31st, 2020 at 0.11774389
Smart Scan Analysis for HKDEUR
Based on our trend formula, HKDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).