Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Weak Downtrend (-65) - HKDKRW is showing signs of a strengthening downtrend. Monitor HKDKRW as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for HKDKRW
The long-term trend has been UP since Mar 3rd, 2021 at 145.59936
The intermediate-term trend has been DOWN since Apr 6th, 2021 at 144.31936
The short-term trend has been DOWN since Apr 14th, 2021 at 143.82052
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).