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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hong Kong Dollar/Brazilian Real (FOREX:HKDBRL)
Sidelines Mode (+55) - HKDBRL 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 HKDBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDBRL.
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 HKDBRL
The long-term trend has been UP since Mar 18th, 2024 at 0.64135965
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 0.77528730
The short-term trend has been UP since Feb 19th, 2025 at 0.73654270
Smart Scan Analysis for HKDBRL
Based on our trend formula, HKDBRL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7341546 | 0.7381514 | 0.7330241 | 0.7376748 | +0.0035200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7341546 | 2025-02-21 17:00:13 |