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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Brazilian Real/Hong Kong Dollar (FOREX:BRLHKD)
Countertrend Up (+85) - BRLHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BRLHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLHKD.
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 BRLHKD
The long-term trend has been UP since Mar 17th, 2025 at 1.3692947
The intermediate-term trend has been UP since Apr 28th, 2025 at 1.3711783
The short-term trend has been DOWN since May 2nd, 2025 at 1.3613267
Smart Scan Analysis for BRLHKD
Based on our trend formula, BRLHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3722231 | 1.3733014 | 1.3709661 | 1.3726421 | +0.0004190 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3722231 | 2025-05-09 01:50:36 |