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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2025.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Long-Term Downtrend (-90) - HKDUSD is in a strong downtrend that is likely to continue. While HKDUSD 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 HKDUSD?

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

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

FOREX_HKDUSD
Open High Low HKDUSD Price Change
0.12841594 0.12845982 0.12837053 0.12841504 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 0.12806025

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 0.12837053

short term down The short-term trend has been DOWN since Jan 21st, 2025 at 0.12839031

Smart Scan Analysis for HKDUSD

Based on our trend formula, HKDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12841594 0.12845982 0.12837053 0.12841504 -0.00000100
Prev. Close Volume Bid Ask Time
0.12841594 2025-01-24 17:07:07
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