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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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.

FOREX_JPYHKD
Open High Low JPYHKD Price Change
0.05117286 0.05129656 0.05099091 0.05102275 -0.00015000
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.05190370

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.05310804

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 0.05379694

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).

-70
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05117286 0.05129656 0.05099091 0.05102275 -0.00015000
Prev. Close Volume Bid Ask Time
0.05117286 2024-10-25 17:09:45
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