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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Hong Kong Dollar/Chinese Yuan Renminbi Offshore (FOREX:HKDCNH)

Strong Downtrend (-100) - HKDCNH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDCNH continues to fall. Traders should use caution 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.

FOREX_HKDCNH
Open High Low HKDCNH Price Change
0.9324064 0.9326057 0.9305252 0.9306296 -0.0017770
Entry Signal

MarketClub’s Trade Triangles for HKDCNH

long term down The long-term trend has been DOWN since May 4th, 2025 at 0.9285140

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.9335362

short term down The short-term trend has been DOWN since May 1st, 2025 at 0.9352451

Smart Scan Analysis for HKDCNH

Based on our trend formula, HKDCNH is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HKDCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9324064 0.9326057 0.9305252 0.9306296 -0.0017770
Prev. Close Volume Bid Ask Time
0.9324064 2025-05-09 07:14:04
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