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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Hong Kong Dollar (FOREX:USDHKD)
Strong Downtrend (-100) - USDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDHKD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDHKD.
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 USDHKD
The long-term trend has been DOWN since May 2nd, 2024 at 7.814040
The intermediate-term trend has been DOWN since Feb 17th, 2025 at 7.778965
The short-term trend has been DOWN since Feb 12th, 2025 at 7.787355
Smart Scan Analysis for USDHKD
Based on our trend formula, USDHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.77005 | 7.77005 | 7.77005 | 7.77005 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.77005 | 2025-02-22 02:06:12 |