Today's CNY to HKD Price Update

Summary

This report provides the real-time exchange rate between the Chinese Yuan (CNY) and Hong Kong Dollar (HKD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Chinese Yuan (CNY) and Hong Kong Dollar (HKD) are both major fiat currencies in the Asia-Pacific region. The exchange rate between them reflects market liquidity conditions and capital flow dynamics between mainland China and Hong Kong, serving as an important indicator of regional economic sentiment.

Today’s Price

• 1 CNY = 1.1264 HKD
• 24h High: 1.1271 HKD
• 24h Low: 1.1258 HKD

Market Analysis

Recent CNY/HKD price movements reflect ongoing regional economic dynamics and currency market conditions.

• Technical Indicators: The moving averages show a Strong Buy outlook with 12 Buy signals and 0 Sell signals. The 14-day RSI for HKD/CNY stands at 58.810, suggesting a Buy signal.
• Market Outlook: Analysts expect the CNY/HKD currency pair to rise in March, with a projected change of 0.93% compared to current rates.
• Trading Opportunities: Monitor the established support and resistance levels within the recent trading range of 1.1258–1.1271 for potential entry and exit points.

Conclusion

Continue to monitor the CNY/HKD pair closely, integrating technical indicators with market forecasts. Traders should remain attentive to regional economic developments and capital flow patterns that may influence the currency pair’s direction in the coming weeks.