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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Hong Kong Dollar/South African Rand (FOREX:HKDZAR)

Strong Downtrend (-100) - HKDZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDZAR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_HKDZAR
Open High Low HKDZAR Price Change
2.3484034 2.3495050 2.3358484 2.3364550 -0.0119480
Entry Signal

MarketClub’s Trade Triangles for HKDZAR

long term down The long-term trend has been DOWN since May 4th, 2025 at 2.3169158

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 2.3838750

short term down The short-term trend has been DOWN since Apr 28th, 2025 at 2.3923678

Smart Scan Analysis for HKDZAR

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

-100
Smart Scan Analysis for HKDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3484034 2.3495050 2.3358484 2.3364550 -0.0119480
Prev. Close Volume Bid Ask Time
2.3484034 2025-05-09 04:10:48
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