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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)

Long-Term Uptrend (+90) - HKDKRW is in a strong uptrend that is likely to continue. While HKDKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_HKDKRW
Open High Low HKDKRW Price Change
145.32886 145.32886 145.31211 145.32886 0.00000
Entry Signal

MarketClub’s Trade Triangles for HKDKRW

long term up The long-term trend has been UP since Mar 3rd, 2021 at 145.59936

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 145.42195

short term up The short-term trend has been UP since Mar 3rd, 2021 at 145.38891

Smart Scan Analysis for HKDKRW

Based on our trend formula, HKDKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HKDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.32886 145.32886 145.31211 145.32886 0.00000
Prev. Close Volume Bid Ask Time
145.32886 2021-03-06 21:10:01
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