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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Sidelines Mode (+55) - HKDJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_HKDJPY
Open High Low HKDJPY Price Change
13.889645 13.896660 13.879570 13.890175 +0.000530
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 13.79300

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 13.90516

short term down The short-term trend has been DOWN since May 22nd, 2020 at 13.85000

Smart Scan Analysis for HKDJPY

Based on our trend formula, HKDJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HKDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.889645 13.896660 13.879570 13.890175 +0.000530
Prev. Close Volume Bid Ask Time
13.889645 13.888830 13.891520 2020-05-25 14:16:43
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