Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Bull Market Weakness (+75) - HKDKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDKRW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HKDKRW
The long-term trend has been DOWN since Dec 14th, 2023 at 164.77787
The intermediate-term trend has been UP since Mar 18th, 2024 at 170.95516
The short-term trend has been UP since Mar 13th, 2024 at 168.44686
Smart Scan Analysis for HKDKRW
Based on our trend formula, HKDKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
171.06923 | 171.43142 | 171.03640 | 171.24574 | +0.17651 |
Prev. Close | Volume | Bid | Ask | Time |
171.06923 | 2024-03-19 03:22:48 |