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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hong Kong Dollar/South African Rand (FOREX:HKDZAR)
Long-Term Downtrend (-90) - HKDZAR is in a strong downtrend that is likely to continue. While HKDZAR 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 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.
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MarketClub’s Trade Triangles for HKDZAR
The long-term trend has been DOWN since May 4th, 2025 at 2.3169158
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 2.3838750
The short-term trend has been DOWN since Apr 28th, 2025 at 2.3923678
Smart Scan Analysis for HKDZAR
Based on our trend formula, HKDZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3484034 | 2.3495050 | 2.3342475 | 2.3427000 | -0.0057030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3484034 | 2025-05-09 07:43:56 |