Price action traders may also wish to note that we see a doji candlestick pattern on usdhkd.
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
This is the 2nd straight hour usdhkd has seen its price head up.
This move is a reversal from the hour prior, which saw price move down.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
For additional context, note that price has gone up 6 out of the past 14 days.
For additional context, note that price has gone up 7 out of the past 14 days.
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.