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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Hong Kong Dollar/British Pound (FOREX:HKDGBP)
Long-Term Uptrend (+90) - HKDGBP is in a strong uptrend that is likely to continue. While HKDGBP 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 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.
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MarketClub’s Trade Triangles for HKDGBP
The long-term trend has been UP since Apr 12th, 2024 at 0.1021255
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.1010705
The short-term trend has been UP since Apr 11th, 2024 at 0.1019425
Smart Scan Analysis for HKDGBP
Based on our trend formula, HKDGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1033165 | 0.1034755 | 0.1029790 | 0.1030520 | -0.0002650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1033165 | 2024-04-23 07:58:15 |