Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)
Strong Uptrend (+100) - JPYHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYHKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for JPYHKD
The long-term trend has been UP since Dec 7th, 2023 at 0.05429763
The intermediate-term trend has been UP since Nov 20th, 2023 at 0.05255261
The short-term trend has been UP since Dec 7th, 2023 at 0.05336278
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).