Forex Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
Weak Uptrend (+65) - JPYKRW is showing signs of weakening momentum to the upside. Monitor JPYKRW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYKRW.
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 JPYKRW
The long-term trend has been UP since Jan 2nd, 2024 at 9.211427
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 8.858207
The short-term trend has been UP since May 1st, 2024 at 8.898645
Smart Scan Analysis for JPYKRW
Based on our trend formula, JPYKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.909744 | 8.919532 | 8.906048 | 8.910932 | +0.001188 |
Prev. Close | Volume | Bid | Ask | Time |
8.909744 | 2024-05-03 01:40:43 |