Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/Hong Kong Dollar (FOREX:ZARHKD)
Crossroads (+60) - ZARHKD 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 ZARHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARHKD
The long-term trend has been DOWN since Dec 18th, 2024 at 0.42317729
The intermediate-term trend has been UP since Apr 28th, 2025 at 0.41952788
The short-term trend has been UP since Apr 28th, 2025 at 0.41896829
Smart Scan Analysis for ZARHKD
Based on our trend formula, ZARHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.42583283 | 0.42840857 | 0.42563643 | 0.42726162 | +0.00142900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.42583283 | 2025-05-09 07:36:53 |