Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)

Bull Market Weakness (+75) - HKDJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDJPY as it may be in the beginning stages of a reversal.

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
18.35924 18.45218 18.34695 18.43106 +0.07182
Entry Signal

MarketClub’s Trade Triangles for HKDJPY

long term up The long-term trend has been UP since Feb 5th, 2021 at 13.628610

intermediate term up The intermediate-term trend has been UP since Aug 21st, 2022 at 17.490915

short term down The short-term trend has been DOWN since Oct 3rd, 2022 at 18.369250

Smart Scan Analysis for HKDJPY

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

+75
Smart Scan Analysis for HKDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.35924 18.45218 18.34695 18.43106 +0.07182
Prev. Close Volume Bid Ask Time
18.35924 2022-10-05 13:25:50
Get a free daily analysis and signals for Hong Kong Dollar/Japanese Yen (HKDJPY) - Request Your Free Report.