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Forex Trend Analysis Report
Prepared for you on Monday, June 16, 2025.
Chinese Yuan Renminbi/Hong Kong Dollar (FOREX:CNYHKD)
Countertrend Up (+85) - CNYHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CNYHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYHKD.
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 CNYHKD
The long-term trend has been UP since Apr 14th, 2025 at 1.0885542
The intermediate-term trend has been UP since Apr 14th, 2025 at 1.0753132
The short-term trend has been DOWN since Jun 12th, 2025 at 1.0904780
Smart Scan Analysis for CNYHKD
Based on our trend formula, CNYHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0930617 | 1.0941872 | 1.0924815 | 1.0933229 | +0.0002610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0930617 | 2025-06-16 02:38:43 |