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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)
Sidelines Mode (+50) - TRYHKD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TRYHKD can gain momentum.
Is it time to buy, sell, or avoid TRYHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHKD.
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 TRYHKD
The long-term trend has been DOWN since Mar 13th, 2023 at 0.40965
The intermediate-term trend has been UP since May 7th, 2025 at 0.20440
The short-term trend has been UP since May 7th, 2025 at 0.20245
Smart Scan Analysis for TRYHKD
Based on our trend formula, TRYHKD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20075 | 0.20090 | 0.20065 | 0.20075 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20075 | 2025-05-09 07:35:26 |