Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Hong Kong Dollar/Japanese Yen (FOREX:HKDJPY)
Strong Uptrend (+100) - HKDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Feb 5th, 2021 at 13.62861
The intermediate-term trend has been UP since Jan 10th, 2021 at 13.42600
The short-term trend has been UP since Feb 24th, 2021 at 13.65106
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).