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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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

Long-Term Downtrend (-90) - KRWHKD is in a strong downtrend that is likely to continue. While KRWHKD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00689663 0.00693652 0.00689508 0.00693272 +0.00003600
Entry Signal

MarketClub’s Trade Triangles for KRWHKD

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 0.64174899

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.00687667

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.00700220

Smart Scan Analysis for KRWHKD

Based on our trend formula, KRWHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRWHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00689663 0.00693652 0.00689508 0.00693272 +0.00003600
Prev. Close Volume Bid Ask Time
0.00689663 2021-03-01 12:01:02
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