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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Strong Downtrend (-100) - HKDJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HKDJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDJPY
Open High Low HKDJPY Price Change
13.406085 13.415775 13.395805 13.401965 -0.004120
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 13.793000

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2020 at 13.810405

short term down The short-term trend has been DOWN since Dec 3rd, 2020 at 13.396345

Smart Scan Analysis for HKDJPY

Based on our trend formula, HKDJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HKDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.406085 13.415775 13.395805 13.401965 -0.004120
Prev. Close Volume Bid Ask Time
13.406085 2020-12-04 02:45:23
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