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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)

Strong Uptrend (+100) - HKDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDKRW 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 HKDKRW?

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

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

FOREX_HKDKRW
Open High Low HKDKRW Price Change
177.83838 178.17572 177.73648 178.17572 +0.33734
Entry Signal

MarketClub’s Trade Triangles for HKDKRW

long term up The long-term trend has been UP since Mar 27th, 2024 at 172.53428

intermediate term up The intermediate-term trend has been UP since May 29th, 2024 at 175.68174

short term up The short-term trend has been UP since Jun 14th, 2024 at 176.78646

Smart Scan Analysis for HKDKRW

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

+100
Smart Scan Analysis for HKDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.83838 178.17572 177.73648 178.17572 +0.33734
Prev. Close Volume Bid Ask Time
177.83838 2024-06-21 03:27:44
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