Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

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

Sidelines Mode (-55) - HKDPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.522680 0.522875 0.521595 0.522030 -0.000650
Entry Signal

MarketClub’s Trade Triangles for HKDPLN

long term up The long-term trend has been UP since Oct 23rd, 2024 at 0.51743500

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.51606823

short term up The short-term trend has been UP since Dec 10th, 2024 at 0.52126421

Smart Scan Analysis for HKDPLN

Based on our trend formula, HKDPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HKDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.522680 0.522875 0.521595 0.522030 -0.000650
Prev. Close Volume Bid Ask Time
0.522680 2024-12-12 03:14:49
Get a free daily analysis and signals for Hong Kong Dollar/Polish New Zloty (HKDPLN) - Request Your Free Report.