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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Hong Kong Dollar/South Korean Won (FOREX:HKDKRW)
Strong Uptrend (+100) - HKDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDKRW 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 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 UP since Oct 23rd, 2024 at 178.20083
The intermediate-term trend has been UP since Oct 4th, 2024 at 172.88662
The short-term trend has been UP since Dec 1st, 2024 at 179.72411
Smart Scan Analysis for HKDKRW
Based on our trend formula, HKDKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 181.46923 | 181.69672 | 181.16874 | 181.43634 | -0.03289 |
| Prev. Close | Volume | Bid | Ask | Time |
| 181.46923 | 2024-12-04 03:29:23 |