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.
MarketClub’s Trade Triangles for HKDGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.0940510
The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.0958445
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).