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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Sidelines Mode (-55) - HKDKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
151.59322 151.66976 150.98547 151.06518 -0.52804
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 down The intermediate-term trend has been DOWN since Oct 20th, 2021 at 150.84419

short term up The short-term trend has been UP since Oct 18th, 2021 at 152.78230

Smart Scan Analysis for HKDKRW

Based on our trend formula, HKDKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HKDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.59322 151.66976 150.98547 151.06518 -0.52804
Prev. Close Volume Bid Ask Time
151.59322 2021-10-22 05:38:42
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