Forex Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)
Strong Downtrend (-100) - HKDJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HKDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDJPY
The long-term trend has been DOWN since Mar 1st, 2020 at 13.793000
The intermediate-term trend has been DOWN since Jun 10th, 2020 at 13.810405
The short-term trend has been DOWN since Jul 8th, 2020 at 13.838000
Smart Scan Analysis for HKDJPY
Based on our trend formula, HKDJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).