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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Sidelines Mode (+55) - KRWJPY 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 KRWJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWJPY
Open High Low KRWJPY Price Change
0.11204694 0.11217309 0.11202184 0.11203559 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long-term trend has been UP since Mar 21st, 2024 at 0.11389276

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 0.11389276

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.11184627

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11204694 0.11217309 0.11202184 0.11203559 -0.00001100
Prev. Close Volume Bid Ask Time
0.11204694 2024-03-29 03:55:47
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