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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Bear Market Rally (-75) - KRWHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWHKD as it may be in the beginning of a reversal.

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
0.00535545 0.00536549 0.00535205 0.00536520 +0.00001000
Entry Signal

MarketClub’s Trade Triangles for KRWHKD

long term down The long-term trend has been DOWN since Oct 22nd, 2024 at 0.00561260

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.00577938

short term up The short-term trend has been UP since Dec 25th, 2024 at 0.00538610

Smart Scan Analysis for KRWHKD

Based on our trend formula, KRWHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KRWHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00535545 0.00536549 0.00535205 0.00536520 +0.00001000
Prev. Close Volume Bid Ask Time
0.00535545 2024-12-26 11:40:53
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