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Forex Trend Analysis Report
Prepared for you on Thursday, January 16, 2025.
Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)
Bear Market Rally (-75) - TRYHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYHKD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TRYHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHKD.
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 TRYHKD
The long-term trend has been DOWN since Mar 13th, 2023 at 0.40965
The intermediate-term trend has been DOWN since Sep 22nd, 2024 at 0.22810
The short-term trend has been UP since Jan 16th, 2025 at 0.21970
Smart Scan Analysis for TRYHKD
Based on our trend formula, TRYHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21945 | 0.21985 | 0.21890 | 0.21910 | -0.00035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21945 | 2025-01-16 21:26:36 |