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Forex Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Crossroads (+60) - JPYHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.06835651 0.06860160 0.06829246 0.06832621 -0.00003000
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.07337952

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2022 at 0.06859529

short term up The short-term trend has been UP since Jan 19th, 2022 at 0.06819220

Smart Scan Analysis for JPYHKD

Based on our trend formula, JPYHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06835651 0.06860160 0.06829246 0.06832621 -0.00003000
Prev. Close Volume Bid Ask Time
0.06835651 2022-01-24 17:05:30
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