CNYHKD China Yuan - Hong Kong Dollar Forecast, Technical & Fundamental Analysis

CNYHKD's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for CNYHKD turned positive on March 30, 2025. Looking at past instances where CNYHKD's MACD turned positive, the stock continued to rise in of 121 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CNYHKD's RSI Indicator exited the oversold zone, of 39 resulted in an increase in price. Tickeron's analysis proposes that 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 CNYHKD advanced for three days, in of 229 cases, the price rose further within the following month. The odds of a continued upward trend are .

CNYHKD 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 has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Momentum Indicator moved below the 0 level on March 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CNYHKD as a result. In of 151 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Aroon Indicator for CNYHKD entered a downward trend on April 02, 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.