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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Hong Kong Dollar/New Zealand Dollar (FOREX:HKDNZD)

Weak Downtrend (-65) - HKDNZD is showing signs of a strengthening downtrend. Monitor HKDNZD as it may be building momentum to the downside.

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.

FOREX_HKDNZD
Open High Low HKDNZD Price Change
0.205067 0.205084 0.204002 0.204119 -0.000948
Entry Signal

MarketClub’s Trade Triangles for HKDNZD

long term up The long-term trend has been UP since Mar 7th, 2023 at 0.2078495

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.2029905

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.2041260

Smart Scan Analysis for HKDNZD

Based on our trend formula, HKDNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.205067 0.205084 0.204002 0.204119 -0.000948
Prev. Close Volume Bid Ask Time
0.205067 2023-03-30 03:14:35
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