Aroon Indicator for NZDHKD shows an upward move is likely
NZDHKD's Aroon Indicator triggered a bullish signal on February 20, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 288 similar instances where the Aroon Indicator showed a similar pattern. In of the 288 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 13, 2025. You may want to consider a long position or call options on NZDHKD as a result. In of 127 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 87 cases where NZDHKD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NZDHKD turned negative on February 19, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 99 similar instances when the indicator turned negative. In of the 99 cases the stock turned lower in the days that followed. This puts the odds of success at .
NZDHKD broke above its upper Bollinger Band on February 15, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
NZDHKD and Forex
Correlation & Price change
A.I.dvisor tells us that NZDHKD and HKDNZD have been negatively correlated (-98% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that NZDHKD and HKDNZD's prices could move in opposite directions.
| Ticker / NAME | Correlation To NZDHKD | 1D Price Change % | ||
|---|---|---|---|---|
| NZDHKD | 100% | N/A | ||
| HKDNZD - NZDHKD | -98% Negatively correlated | N/A |