Forex Trend Analysis Report
Prepared for you on Friday, October 15, 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.
MarketClub’s Trade Triangles for JPYHKD
The long-term trend has been DOWN since Feb 5th, 2021 at 0.07337952
The intermediate-term trend has been DOWN since Sep 24th, 2021 at 0.07040330
The short-term trend has been DOWN since Oct 6th, 2021 at 0.06994775
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).