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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Strong Uptrend (+100) - JPYHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYHKD 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 JPYHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYHKD
Open High Low JPYHKD Price Change
0.05943625 0.06010590 0.05941434 0.05972905 +0.00029300
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.05714814

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 0.05852114

short term up The short-term trend has been UP since Mar 16th, 2023 at 0.05934518

Smart Scan Analysis for JPYHKD

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

+100
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05943625 0.06010590 0.05941434 0.05972905 +0.00029300
Prev. Close Volume Bid Ask Time
0.05943625 2023-03-20 17:16:48
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