Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
South Korean Won/Japanese Yen (FOREX:KRWJPY)
Long-Term Downtrend (-90) - KRWJPY is in a strong downtrend that is likely to continue. While KRWJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for KRWJPY
The long-term trend has been DOWN since Dec 7th, 2023 at 0.10820567
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 0.11178612
The short-term trend has been DOWN since Mar 14th, 2024 at 0.11156085
Smart Scan Analysis for KRWJPY
Based on our trend formula, KRWJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.11184627 | 0.11200467 | 0.11184627 | 0.11200089 | +0.00015500 |
Prev. Close | Volume | Bid | Ask | Time |
0.11184627 | 2024-03-19 00:20:01 |