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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hong Kong Dollar/New Taiwan Dollar (FOREX:HKDTWD)
Long-Term Downtrend (-90) - HKDTWD is in a strong downtrend that is likely to continue. While HKDTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HKDTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTWD.
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 HKDTWD
The long-term trend has been DOWN since Apr 30th, 2025 at 4.1108406
The intermediate-term trend has been DOWN since Apr 29th, 2025 at 4.1325676
The short-term trend has been DOWN since Apr 28th, 2025 at 4.1726170
Smart Scan Analysis for HKDTWD
Based on our trend formula, HKDTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8838392 | 3.8925070 | 3.8310479 | 3.8796581 | -0.0041810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8838392 | 2025-05-09 05:10:30 |