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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)
Strong Downtrend (-100) - KRWHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWHKD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for KRWHKD
The long-term trend has been DOWN since Oct 22nd, 2024 at 0.00561260
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.00577938
The short-term trend has been DOWN since Dec 1st, 2024 at 0.00555457
Smart Scan Analysis for KRWHKD
Based on our trend formula, KRWHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00538106 | 0.00538106 | 0.00535728 | 0.00535728 | -0.00002400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00538106 | 2024-12-21 10:53:28 |