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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)
Long-Term Downtrend (-90) - JPYHKD is in a strong downtrend that is likely to continue. While JPYHKD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for JPYHKD
The long-term trend has been DOWN since Mar 19th, 2024 at 0.05182513
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.05186952
The short-term trend has been DOWN since Apr 8th, 2024 at 0.05157228
Smart Scan Analysis for JPYHKD
Based on our trend formula, JPYHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05035264 | 0.05037576 | 0.05026805 | 0.05033709 | -0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05035264 | 2024-04-25 23:18:15 |