Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
South Korean Won/Hong Kong Dollar (FOREX:KRWHKD)
Sidelines Mode (+55) - KRWHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 11th, 2020 at 0.64174899
The intermediate-term trend has been UP since Dec 1st, 2021 at 0.00663586
The short-term trend has been DOWN since Dec 7th, 2021 at 0.00657963
Smart Scan Analysis for KRWHKD
Based on our trend formula, KRWHKD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).