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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Hong Kong Dollar/US Dollar (FOREX:HKDUSD)
Countertrend Down (-85) - HKDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for HKDUSD
The long-term trend has been DOWN since Dec 25th, 2024 at 0.12806025
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 0.12837053
The short-term trend has been UP since Feb 4th, 2025 at 0.12840927
Smart Scan Analysis for HKDUSD
Based on our trend formula, HKDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12838042 | 0.12838207 | 0.12836682 | 0.12837300 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12838042 | 2025-02-05 00:57:03 |