Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Chinese Yuan Renminbi/South Korean Won (FOREX:CNYKRW)
Bull Market Weakness (+75) - CNYKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYKRW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNYKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for CNYKRW
The long-term trend has been DOWN since Nov 3rd, 2023 at 178.97208
The intermediate-term trend has been UP since Mar 18th, 2024 at 188.22083
The short-term trend has been UP since Mar 18th, 2024 at 185.38821
Smart Scan Analysis for CNYKRW
Based on our trend formula, CNYKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
185.85142 | 188.76202 | 185.82085 | 186.12018 | +0.26876 |
Prev. Close | Volume | Bid | Ask | Time |
185.85142 | 2024-03-19 02:34:14 |