AUDHKD Australian Dollar - Hong Kong Dollar Forecast, Technical & Fundamental Analysis

AUDHKD's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for AUDHKD turned positive on April 10, 2025. Looking at past instances where AUDHKD's MACD turned positive, the stock continued to rise in of 101 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AUDHKD's RSI Oscillator exited the oversold zone, of 43 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 12, 2025. You may want to consider a long position or call options on AUDHKD as a result. In of 132 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AUDHKD advanced for three days, in of 268 cases, the price rose further within the following month. The odds of a continued upward trend are .

AUDHKD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AUDHKD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AUDHKD entered a downward trend on April 06, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.