Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Canadian Dollar/South Korean Won (FOREX:CADKRW)
Crossroads (-60) - CADKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CADKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CADKRW
The long-term trend has been UP since Nov 5th, 2024 at 1004.4993
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1006.2700
The short-term trend has been DOWN since Jan 13th, 2025 at 1008.8141
Smart Scan Analysis for CADKRW
Based on our trend formula, CADKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1003.9621 | 1007.7511 | 1001.7798 | 1006.0868 | +2.1247 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1003.9621 | 2025-01-20 09:32:00 |