Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)
Weak Downtrend (-65) - KRWHKD is showing signs of a strengthening downtrend. Monitor KRWHKD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for KRWHKD
The long-term trend has been DOWN since Oct 11th, 2020 at 0.64174899
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 0.00687867
The short-term trend has been DOWN since Oct 18th, 2021 at 0.00654494
Smart Scan Analysis for KRWHKD
Based on our trend formula, KRWHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).