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.
MarketClub’s Trade Triangles for JPYHKD
The long-term trend has been UP since Dec 1st, 2022 at 0.05714814
The intermediate-term trend has been UP since Mar 12th, 2023 at 0.05852114
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).