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Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Hong Kong Dollar/Euro (FOREX:HKDEUR)

Crossroads (-60) - HKDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.11246488 0.11265950 0.11228386 0.11258947 +0.00012500
Entry Signal

MarketClub’s Trade Triangles for HKDEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.10950384

intermediate term down The intermediate-term trend has been DOWN since Dec 29th, 2021 at 0.11285032

short term down The short-term trend has been DOWN since Jan 11th, 2022 at 0.11282862

Smart Scan Analysis for HKDEUR

Based on our trend formula, HKDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HKDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11246488 0.11265950 0.11228386 0.11258947 +0.00012500
Prev. Close Volume Bid Ask Time
0.11246488 2022-01-17 10:50:18
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