HKDGBP Hong Kong Dollar - United Kingdom Pound Forecast, Technical & Fundamental Analysis

HKDGBP sees MACD Histogram just turned negative

HKDGBP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 02, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 116 instances where the indicator turned negative. In of the 116 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HKDGBP as a result. In of 124 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 HKDGBP entered a downward trend on March 22, 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.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

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