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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Hong Kong Dollar/British Pound (FOREX:HKDGBP)

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

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
0.093392 0.093394 0.092962 0.093113 -0.000279
Entry Signal

MarketClub’s Trade Triangles for HKDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.094051

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.093422

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.093977

Smart Scan Analysis for HKDGBP

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

-70
Smart Scan Analysis for HKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.093392 0.093394 0.092962 0.093113 -0.000279
Prev. Close Volume Bid Ask Time
0.093392 2021-10-19 21:39:36
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