HKDKRW NEWS why is Hong Kong Dollar / Korean Won price falling or rising

HKDKRW NEWS reasons for why stock price of Hong Kong Dollar / Korean Won is falling or rising

HKDKRW Hong Kong is falling or rising technical reasons

Technical analysis forecast of Hong Kong Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Hong Kong HKDKRW at this time. Stock is rising and might rise more.

It appears as if Hong Kong HKDKRW gave a large move recently.

Stock of Hong Kong (HKDKRW) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Hong Kong is bullish for shortterm, and stock might move up till 176.3 or till 178.6. Use a stoploss of 174.38 and if this stock hits its stoploss, then it can fall down till 172.45

HKDKRW Hong Kong is falling or rising NEWS fundamental reasons

Hong Kong Market marks four days win Goldman Sachs' forecasted a potential surge of up to 40% for Chinese shares if the country introduces reforms for corporate governance, dividend distributions and institutional ownership. The bullish outlook follows UBS' upgrade on Chinese stocks to overwe - NEWS as on 2024-04-25 business-standard.com

Hong Kong Market surges on upbeat China outlook Goldman Sachs' forecasted a potential surge of up to 40% for Chinese shares if the country introduces reforms for corporate governance, dividend distributions and institutional ownership. The bullish outlook follows UBS' upgrade on Chinese and Hong Kong st - NEWS as on 2024-04-24 business-standard.com

Hong Kong spot crypto ETFs to start trading next week Hong Kong spot bitcoin and ether ETFs debut on April 30, marking Asia's first official cryptocurrency investment tools in the region's financial hub, with billion inflows into U.S. ETFs driving the market. - NEWS as on 2024-04-24 indiatimes.com

Hong Kong Market surges on China support pledge Chinas securities regulators unveiled measures on Friday to bolster the Hong Kong market by adding more exchange-traded funds to the Stock Connect programme and supporting listings of Chinese companies in the city - NEWS as on 2024-04-23 business-standard.com

Hong Kong Market surges 1.77% Chinese regulators support pledge underpins sentiment - NEWS as on 2024-04-22 business-standard.com

Everest refutes reports of ban in Singapore, Hong Kong over cancer-causing ingredient Everest has denied reports of a ban on its products in Singapore and Hong Kong. The Indian government has ordered the collection of spice samples from all manufacturing units following concerns raised by food regulators in both regions. Ethylene oxide, a c - NEWS as on 2024-04-22 indiatimes.com

Here's why Hong Kong and Singapore have announced a recall of MDH and Everest products Hong Kong and Singapore have recalled popular Indian spice products from MDH and Everest due to the presence of carcinogenic ethylene oxide. The International Agency for Research on Cancer classifies ethylene oxide as a Group 1 carcinogen, prompting food r - NEWS as on 2024-04-21 indiatimes.com

More announcements and NEWS

HKDKRW Hong Kong Dollar / Korean Won current price & indicator signals

Moving Averages for Hong Kong Dollar / Korean Won

  • 5Day Average: 175.47
  • 12Day Average: 175.78
  • 20Day Average: 174.36
  • 50Day Average: 171.66
  • 100Day Average: 170.07
  • 150Day Average: 170.09
  • 200Day Average: 169.52

HKDKRW Indicators & signals

Indicator MACD (12,26,9)

175.17, 173.85, 1.42
Indicator MACD is in positive zone

Indicator ADX (14)

24.24, 30.6, 18.66
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HKDKRW Hong Kong Dollar / Korean Won are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 175.06000 175.06000 to 176.16000 -0.48% 0 times
24 Wed Apr 2024 175.90000 174.62000 to 175.98000 0.47% 0 times
23 Tue Apr 2024 175.07000 175.04000 to 176.02000 -0.4% 0 times
22 Mon Apr 2024 175.78000 175.47000 to 176.51000 0.13% 0 times
19 Fri Apr 2024 175.55000 175.55000 to 177.63000 -0.43% 0 times
18 Thu Apr 2024 176.30000 175.24000 to 176.45000 0.19% 0 times
17 Wed Apr 2024 175.97000 175.96000 to 177.43000 -0.87% 0 times
16 Tue Apr 2024 177.52000 177.26000 to 178.84000 0.1% 0 times
15 Mon Apr 2024 177.34000 176.16000 to 177.64000 0.69% 0 times
12 Fri Apr 2024 176.12000 174.56000 to 176.90000 0.86% 0 times
11 Thu Apr 2024 174.62000 173.99000 to 174.95000 0.3% 0 times
10 Wed Apr 2024 174.10000 171.96000 to 174.35000 0.97% 0 times

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