Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)

Strong Downtrend (-100) - HKDPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HKDPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDPLN
Open High Low HKDPLN Price Change
0.48095036 0.48095036 0.48095036 0.48095036 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HKDPLN

long term down The long-term trend has been DOWN since Jul 20th, 2020 at 0.501705

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 0.533710

short term down The short-term trend has been DOWN since Aug 5th, 2020 at 0.480000

Smart Scan Analysis for HKDPLN

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

-100
Smart Scan Analysis for HKDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.48095036 0.48095036 0.48095036 0.48095036 0.00000000
Prev. Close Volume Bid Ask Time
0.48095036 0.47331085 0.48858986 2020-08-09 13:55:11
Get a free daily analysis and signals for Hong Kong Dollar/Polish New Zloty (HKDPLN) - Request Your Free Report.