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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.

FOREX_HKDJPY
Open High Low HKDJPY Price Change
13.792850 13.797250 13.784325 13.789230 -0.003620
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 13.793000

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2020 at 13.810405

short term down 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).

-100
Smart Scan Analysis for HKDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.792850 13.797250 13.784325 13.789230 -0.003620
Prev. Close Volume Bid Ask Time
13.792850 13.788270 13.790190 2020-07-12 20:27:56
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