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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

Hong Kong Dollar/British Pound (FOREX:HKDGBP)

Bull Market Weakness (+75) - HKDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HKDGBP?

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

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

FOREX_HKDGBP
Open High Low HKDGBP Price Change
0.0944665 0.0947395 0.0944455 0.0947095 +0.0002430
Entry Signal

MarketClub’s Trade Triangles for HKDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.0940510

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.0958445

short term up The short-term trend has been UP since Jan 17th, 2022 at 0.0940845

Smart Scan Analysis for HKDGBP

Based on our trend formula, HKDGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0944665 0.0947395 0.0944455 0.0947095 +0.0002430
Prev. Close Volume Bid Ask Time
0.0944665 2022-01-21 07:09:34
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