Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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

Long-Term Uptrend (+90) - HKDKRW is in a strong uptrend that is likely to continue. While HKDKRW 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 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
168.29705 169.46082 168.08281 169.08341 +0.78636
Entry Signal

MarketClub’s Trade Triangles for HKDKRW

long term up The long-term trend has been UP since Mar 3rd, 2021 at 145.59936

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2022 at 167.73865

short term up The short-term trend has been UP since Aug 15th, 2022 at 166.81541

Smart Scan Analysis for HKDKRW

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

+90
Smart Scan Analysis for HKDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.29705 169.46082 168.08281 169.08341 +0.78636
Prev. Close Volume Bid Ask Time
168.29705 2022-08-18 22:23:33
Get a free daily analysis and signals for Hong Kong Dollar/South Korean Won (HKDKRW) - Request Your Free Report.