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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Strong Uptrend (+100) - HKDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
20.427955 20.460000 20.402000 20.449460 +0.021505
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term up The long-term trend has been UP since Mar 19th, 2024 at 19.295490

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 19.279205

short term up The short-term trend has been UP since Jun 13th, 2024 at 20.157000

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
20.427955 20.460000 20.402000 20.449460 +0.021505
Prev. Close Volume Bid Ask Time
20.427955 2024-06-25 13:58:12
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