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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Hong Kong Dollar/US Dollar (FOREX:HKDUSD)

Bear Market Rally (-75) - HKDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HKDUSD?

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

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

FOREX_HKDUSD
Open High Low HKDUSD Price Change
0.12873900 0.12874669 0.12873409 0.12873824 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for HKDUSD

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 0.12806025

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.12843685

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.12860413

Smart Scan Analysis for HKDUSD

Based on our trend formula, HKDUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for HKDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12873900 0.12874669 0.12873409 0.12873824 -0.00000100
Prev. Close Volume Bid Ask Time
0.12873900 2024-12-26 05:02:35
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