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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Countertrend Up (+85) - CADKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_CADKRW
Open High Low CADKRW Price Change
955.2326 955.6923 954.0640 955.4168 +0.1842
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term up The long-term trend has been UP since Feb 4th, 2021 at 876.2056

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2021 at 921.7006

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 954.0065

Smart Scan Analysis for CADKRW

Based on our trend formula, CADKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
955.2326 955.6923 954.0640 955.4168 +0.1842
Prev. Close Volume Bid Ask Time
955.2326 2021-10-21 02:07:29
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