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Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

New Zealand Dollar/Hong Kong Dollar (FOREX:NZDHKD)

Weak Downtrend (-65) - NZDHKD is showing signs of a strengthening downtrend. Monitor NZDHKD as it may be building momentum to the downside.

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

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

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

FOREX_NZDHKD
Open High Low NZDHKD Price Change
4.6398000 4.6838086 4.6374000 4.6526157 +0.0128160
Entry Signal

MarketClub’s Trade Triangles for NZDHKD

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 4.8107000

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2023 at 4.7809444

short term up The short-term trend has been UP since Sep 19th, 2023 at 4.6487000

Smart Scan Analysis for NZDHKD

Based on our trend formula, NZDHKD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NZDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6398000 4.6838086 4.6374000 4.6526157 +0.0128160
Prev. Close Volume Bid Ask Time
4.6398000 2023-09-22 18:51:26
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