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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Strong Downtrend (-100) - JPYHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYHKD continues to fall. Traders should use caution and set stops.

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
0.04934351 0.04937705 0.04926981 0.04927560 -0.00006800
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.05049829

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.05029171

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.04934772

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
0.04934351 0.04937705 0.04926981 0.04927560 -0.00006800
Prev. Close Volume Bid Ask Time
0.04934351 2024-12-26 07:37:48
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