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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/Hong Kong Dollar (FOREX:EURHKD)

Crossroads (-60) - EURHKD 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 EURHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURHKD
Open High Low EURHKD Price Change
8.726390 8.754800 8.722000 8.748395 +0.022005
Entry Signal

MarketClub’s Trade Triangles for EURHKD

long term up The long-term trend has been UP since Mar 4th, 2025 at 8.269290

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2025 at 8.738925

short term down The short-term trend has been DOWN since May 8th, 2025 at 8.743165

Smart Scan Analysis for EURHKD

Based on our trend formula, EURHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.726390 8.754800 8.722000 8.748395 +0.022005
Prev. Close Volume Bid Ask Time
8.726390 2025-05-09 04:24:09
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