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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Chinese Yuan Renminbi Offshore/Hong Kong Dollar (FOREX:CNHHKD)
Strong Uptrend (+100) - CNHHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNHHKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CNHHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHHKD.
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 CNHHKD
The long-term trend has been UP since May 4th, 2025 at 1.076825
The intermediate-term trend has been UP since Apr 28th, 2025 at 1.065930
The short-term trend has been UP since Apr 17th, 2025 at 1.063715
Smart Scan Analysis for CNHHKD
Based on our trend formula, CNHHKD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.07250 | 1.07461 | 1.07229 | 1.07459 | +0.00209 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.07250 | 2025-05-09 07:12:37 |