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.
MarketClub’s Trade Triangles for HKDGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.094051
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.093422
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).