Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Crossroads (-60) - HKDJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	HKDJPY Price	Change
18.837060	18.899000	18.810830	18.896405	+0.059345
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

The long-term trend has been UP since May 17th, 2023 at 17.565115

The intermediate-term trend has been DOWN since Nov 20th, 2023 at 19.028470

The short-term trend has been DOWN since Nov 27th, 2023 at 19.100430

Smart Scan Analysis for HKDJPY

Based on our trend formula, HKDJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
18.837060	18.899000	18.810830	18.896405	+0.059345
Prev. Close	Volume	Bid	Ask	Time
18.837060				2023-11-30 05:26:16

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