Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Hong Kong Dollar/British Pound (FOREX:HKDGBP)

Countertrend Down (-85) - HKDGBP 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 HKDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDGBP
Open High Low HKDGBP Price Change
0.0972000 0.0972635 0.0967645 0.0968045 -0.0003950
Entry Signal

MarketClub’s Trade Triangles for HKDGBP

long term down The long-term trend has been DOWN since Mar 5th, 2025 at 0.1003590

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2025 at 0.0973585

short term up The short-term trend has been UP since May 8th, 2025 at 0.0972800

Smart Scan Analysis for HKDGBP

Based on our trend formula, HKDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HKDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0972000 0.0972635 0.0967645 0.0968045 -0.0003950
Prev. Close Volume Bid Ask Time
0.0972000 2025-05-09 08:39:07
Get a free daily analysis and signals for Hong Kong Dollar/British Pound (HKDGBP) - Request Your Free Report.