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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Bull Market Weakness (+75) - JPYHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYHKD as it may be in the beginning stages of a reversal.

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
0.06008397 0.06018674 0.05957226 0.05960475 -0.00047900
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.05714814

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 0.05852114

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 0.05962372

Smart Scan Analysis for JPYHKD

Based on our trend formula, JPYHKD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06008397 0.06018674 0.05957226 0.05960475 -0.00047900
Prev. Close Volume Bid Ask Time
0.06008397 2023-03-28 23:20:29
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