Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)
Sidelines Mode (-55) - BRLHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BRLHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BRLHKD
The long-term trend has been DOWN since Mar 18th, 2024 at 1.5591884
The intermediate-term trend has been UP since Jan 9th, 2025 at 1.2898464
The short-term trend has been DOWN since Feb 19th, 2025 at 1.3575759
Smart Scan Analysis for BRLHKD
Based on our trend formula, BRLHKD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3628509 | 1.3642135 | 1.3547101 | 1.3556128 | -0.0072380 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3628509 | 2025-02-21 17:00:13 |