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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.

FOREX_HKDKRW
Open High Low HKDKRW Price Change
171.06923 171.43142 171.03640 171.24574 +0.17651
Entry Signal

MarketClub’s Trade Triangles for HKDKRW

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 164.77787

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 170.95516

short term up 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).

+70
Smart Scan Analysis for HKDKRW
Strong Downtrend Sideways 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
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