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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)

Crossroads (+60) - KRWHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid KRWHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWHKD
Open High Low KRWHKD Price Change
0.00575604 0.00575609 0.00574351 0.00574733 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for KRWHKD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.00579572

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 0.00579571

short term up The short-term trend has been UP since May 27th, 2024 at 0.00574111

Smart Scan Analysis for KRWHKD

Based on our trend formula, KRWHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00575604 0.00575609 0.00574351 0.00574733 -0.00000900
Prev. Close Volume Bid Ask Time
0.00575604 2024-05-28 03:44:54
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