Forex Trend Analysis Report
Prepared for you on Sunday, June 13, 2021.
Hong Kong Dollar/US Dollar (FOREX:HKDUSD)
Weak Downtrend (-65) - HKDUSD is showing signs of a strengthening downtrend. Monitor HKDUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for HKDUSD
The long-term trend has been DOWN since Oct 13th, 2020 at 0.12893992
The intermediate-term trend has been UP since Apr 15th, 2021 at 0.12878632
The short-term trend has been DOWN since Jun 8th, 2021 at 0.12886349
Smart Scan Analysis for HKDUSD
Based on our trend formula, HKDUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).