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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)
Long-Term Uptrend (+90) - HKDTRY is in a strong uptrend that is likely to continue. While HKDTRY 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 HKDTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTRY.
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 HKDTRY
The long-term trend has been UP since Mar 14th, 2023 at 2.4596550
The intermediate-term trend has been UP since Sep 22nd, 2024 at 4.3830565
The short-term trend has been UP since Dec 16th, 2024 at 4.4986565
Smart Scan Analysis for HKDTRY
Based on our trend formula, HKDTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5249415 | 4.5351655 | 4.5127500 | 4.5267285 | +0.0017870 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5249415 | 2024-12-20 17:06:18 |