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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Hong Kong Dollar/Turkish Lira (FOREX:HKDTRY)
Crossroads (+60) - HKDTRY 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 HKDTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTRY.
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 HKDTRY
The long-term trend has been UP since Mar 14th, 2023 at 2.459655
The intermediate-term trend has been DOWN since May 7th, 2025 at 4.892573
The short-term trend has been DOWN since May 7th, 2025 at 4.940427
Smart Scan Analysis for HKDTRY
Based on our trend formula, HKDTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9734655 | 4.9845660 | 4.8735880 | 4.9811360 | +0.0076710 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9734655 | 2025-05-08 23:56:10 |