Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, October 11, 2024.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Weak Downtrend (-65) - CADKRW is showing signs of a strengthening downtrend. Monitor CADKRW as it may be building momentum to the downside.

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
978.9049 980.8311 978.6259 980.8311 +1.9262
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term down The long-term trend has been DOWN since Jul 31st, 2024 at 985.9145

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 993.5068

short term down The short-term trend has been DOWN since Oct 8th, 2024 at 983.0977

Smart Scan Analysis for CADKRW

Based on our trend formula, CADKRW is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
978.9049 980.8311 978.6259 980.8311 +1.9262
Prev. Close Volume Bid Ask Time
978.9049 2024-10-11 02:34:10
Get a free daily analysis and signals for Canadian Dollar/South Korean Won (CADKRW) - Request Your Free Report.