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Forex Trend Analysis Report

Prepared for you on Saturday, September 19, 2020.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Bull Market Weakness (+75) - HKDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDUSD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_HKDUSD
Open High Low HKDUSD Price Change
0.12902310 0.12903309 0.12899980 0.12902893 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term up The long-term trend has been UP since Jun 11th, 2019 at 0.12770500

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2020 at 0.12903326

short term down The short-term trend has been DOWN since Sep 15th, 2020 at 0.12899314

Smart Scan Analysis for HKDUSD

Based on our trend formula, HKDUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12902310 0.12903309 0.12899980 0.12902893 +0.00000600
Prev. Close Volume Bid Ask Time
0.12902310 0.12901228 0.12904558 2020-09-18 17:14:15
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