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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hong Kong Dollar/Canadian Dollar (FOREX:HKDCAD)
Sidelines Mode (-55) - HKDCAD 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 HKDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDCAD.
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 HKDCAD
The long-term trend has been DOWN since Apr 3rd, 2025 at 0.1818275
The intermediate-term trend has been DOWN since Mar 26th, 2025 at 0.1833060
The short-term trend has been UP since May 8th, 2025 at 0.1786095
Smart Scan Analysis for HKDCAD
Based on our trend formula, HKDCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.17910800 | 0.17913101 | 0.17884400 | 0.17890450 | -0.00020300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.17910800 | 2025-05-09 07:32:39 |