Forex Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
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.
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 UP since Jan 3rd, 2022 at 153.09213
The short-term trend has been UP since Jan 16th, 2022 at 153.09299
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).