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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Strong Downtrend (-100) - JPYHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.07166901 0.07169665 0.07114839 0.07121501 -0.00045400
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.07337952

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2021 at 0.07448705

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.07325797

Smart Scan Analysis for JPYHKD

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

-100
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07166901 0.07169665 0.07114839 0.07121501 -0.00045400
Prev. Close Volume Bid Ask Time
0.07166901 2021-03-08 19:59:49
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