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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)
Strong Downtrend (-100) - BRLHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BRLHKD continues to fall. Traders should use caution and set stops.
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.
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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 DOWN since Oct 9th, 2024 at 1.3917824
The short-term trend has been DOWN since Dec 24th, 2024 at 1.2531565
Smart Scan Analysis for BRLHKD
Based on our trend formula, BRLHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1526036 | 1.2625969 | 1.1511193 | 1.2566691 | +0.1040660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1526036 | 2024-12-26 17:42:19 |