Forex Trend Analysis Report
Prepared for you on Monday, January 25, 2021.
Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)
Weak Downtrend (-65) - JPYHKD is showing signs of a strengthening downtrend. Monitor JPYHKD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for JPYHKD
The long-term trend has been UP since Mar 1st, 2020 at 0.07249960
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 0.07448705
The short-term trend has been DOWN since Jan 24th, 2021 at 0.07462581
Smart Scan Analysis for JPYHKD
Based on our trend formula, JPYHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).