Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Hong Kong Dollar/Malaysian Ringt (FOREX:HKDMYR)
Strong Uptrend (+100) - HKDMYR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDMYR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HKDMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDMYR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HKDMYR
The long-term trend has been UP since Nov 4th, 2024 at 0.58502769
The intermediate-term trend has been UP since Oct 7th, 2024 at 0.55192574
The short-term trend has been UP since Dec 1st, 2024 at 0.57187831
Smart Scan Analysis for HKDMYR
Based on our trend formula, HKDMYR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57439113 | 0.57439113 | 0.57386612 | 0.57393663 | -0.00045500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.57439113 | 2024-12-03 03:28:06 |