Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Sidelines Mode (-55) - JPYHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	JPYHKD Price	Change
0.06806937	0.06831493	0.06801194	0.06822923	+0.00016000
Entry Signal

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 Dec 22nd, 2021 at 0.06829955

The short-term trend has been UP since Jan 19th, 2022 at 0.06819220

Smart Scan Analysis for JPYHKD

Based on our trend formula, JPYHKD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.06806937	0.06831493	0.06801194	0.06822923	+0.00016000
Prev. Close	Volume	Bid	Ask	Time
0.06806937				2022-01-20 17:39:16

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