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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Long-Term Uptrend (+90) - HKDJPY is in a strong uptrend that is likely to continue. While HKDJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
14.691550 14.692315 14.650850 14.663870 -0.027680
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term up The long-term trend has been UP since Feb 5th, 2021 at 13.628610

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 14.204015

short term up The short-term trend has been UP since Oct 6th, 2021 at 14.296570

Smart Scan Analysis for HKDJPY

Based on our trend formula, HKDJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.691550 14.692315 14.650850 14.663870 -0.027680
Prev. Close Volume Bid Ask Time
14.691550 2021-10-21 07:19:29
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