Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Strong Downtrend (-100) - NZDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDHKD continues to fall. Traders should use caution and set stops.

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
4.5952056 4.6112654 4.5890856 4.5966000 +0.0013940
Entry Signal

MarketClub’s Trade Triangles for NZDHKD

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 4.7233186

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 4.7238000

short term down The short-term trend has been DOWN since Jul 9th, 2024 at 4.7746000

Smart Scan Analysis for NZDHKD

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

-100
Smart Scan Analysis for NZDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5952056 4.6112654 4.5890856 4.5966000 +0.0013940
Prev. Close Volume Bid Ask Time
4.5952056 2024-07-26 17:04:33
Get a free daily analysis and signals for New Zealand Dollar/Hong Kong Dollar (NZDHKD) - Request Your Free Report.