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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Hong Kong Dollar/Chinese Yuan Renminbi Offshore (FOREX:HKDCNH)
Countertrend Down (-85) - HKDCNH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HKDCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDCNH.
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 HKDCNH
The long-term trend has been DOWN since May 4th, 2025 at 0.9285140
The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.9335362
The short-term trend has been UP since May 28th, 2025 at 0.9183066
Smart Scan Analysis for HKDCNH
Based on our trend formula, HKDCNH is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9166431 | 0.9192815 | 0.9165806 | 0.9191116 | +0.0024680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9166431 | 2025-05-30 17:02:37 |