Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Weak Uptrend (+65) - HKDKRW is showing signs of weakening momentum to the upside. Monitor HKDKRW as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HKDKRW
The long-term trend has been UP since Jan 31st, 2020 at 153.85000
The intermediate-term trend has been UP since Jan 7th, 2020 at 150.84695
The short-term trend has been DOWN since Mar 24th, 2020 at 159.68825
Smart Scan Analysis for HKDKRW
Based on our trend formula, HKDKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).