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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Sidelines Mode (-55) - JPYHKD 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 JPYHKD?

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

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

FOREX_JPYHKD
Open High Low JPYHKD Price Change
0.07199683 0.07204715 0.07197611 0.07198470 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term up The long-term trend has been UP since Mar 1st, 2020 at 0.07249960

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.07191606

short term up The short-term trend has been UP since May 22nd, 2020 at 0.07220328

Smart Scan Analysis for JPYHKD

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

-55
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07199683 0.07204715 0.07197611 0.07198470 -0.00001200
Prev. Close Volume Bid Ask Time
0.07199683 0.07198238 0.07198702 2020-05-25 04:35:48
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