Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)
Long-Term Uptrend (+90) - KRWHKD is in a strong uptrend that is likely to continue. While KRWHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid KRWHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWHKD
The long-term trend has been UP since Dec 13th, 2022 at 0.00602139
The intermediate-term trend has been UP since Mar 22nd, 2023 at 0.00606736
The short-term trend has been UP since Mar 22nd, 2023 at 0.00603106
Smart Scan Analysis for KRWHKD
Based on our trend formula, KRWHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).