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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)
Bear Market Rally (-75) - KRWHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWHKD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid KRWHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KRWHKD
The long-term trend has been DOWN since Mar 27th, 2024 at 0.00579572
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00584779
The short-term trend has been UP since Apr 17th, 2024 at 0.00567648
Smart Scan Analysis for KRWHKD
Based on our trend formula, KRWHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00565384 | 0.00567767 | 0.00565355 | 0.00567111 | +0.00001700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00565384 | 2024-04-19 05:17:30 |