Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hong Kong Dollar/South African Rand (FOREX:HKDZAR)
Crossroads (-60) - HKDZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HKDZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HKDZAR
The long-term trend has been UP since Dec 18th, 2024 at 2.3628500
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 2.3716003
The short-term trend has been DOWN since Feb 21st, 2025 at 2.3561900
Smart Scan Analysis for HKDZAR
Based on our trend formula, HKDZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3655971 | 2.3663277 | 2.3655971 | 2.3663277 | +0.0007310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3655971 | 2025-02-22 02:56:21 |