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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)
Long-Term Uptrend (+90) - HKDNZD is in a strong uptrend that is likely to continue. While HKDNZD 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 HKDNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDNZD.
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 HKDNZD
The long-term trend has been UP since Mar 19th, 2024 at 0.2117185
The intermediate-term trend has been UP since Mar 18th, 2024 at 0.2106045
The short-term trend has been UP since Apr 12th, 2024 at 0.2139335
Smart Scan Analysis for HKDNZD
Based on our trend formula, HKDNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.217307 | 0.217318 | 0.216509 | 0.216534 | -0.000773 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.217307 | 2024-04-19 05:35:26 |