Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Bull Market Weakness (+75) - HKDKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 DOWN since Aug 5th, 2020 at 152.88999
The intermediate-term trend has been UP since Feb 26th, 2021 at 145.42195
The short-term trend has been UP since Feb 16th, 2021 at 142.78076
Smart Scan Analysis for HKDKRW
Based on our trend formula, HKDKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).