HKDCAD Hong Kong Dollar - Canadian Dollar Forecast, Technical & Fundamental Analysis

HKDCAD in upward trend: price expected to rise as it breaks its lower Bollinger Band on June 26, 2025

HKDCAD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 42 cases where HKDCAD's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 07, 2025. You may want to consider a long position or call options on HKDCAD as a result. In of 139 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HKDCAD just turned positive on July 07, 2025. Looking at past instances where HKDCAD's MACD turned positive, the stock continued to rise in of 102 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 89 cases where HKDCAD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Aroon Indicator for HKDCAD entered a downward trend on July 09, 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.