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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Canadian Dollar/South Korean Won (FOREX:CADKRW)
Strong Uptrend (+100) - CADKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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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 UP since Oct 4th, 2024 at 993.5068
The short-term trend has been UP since Nov 19th, 2024 at 996.4655
Smart Scan Analysis for CADKRW
Based on our trend formula, CADKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 995.9625 | 998.9833 | 995.5225 | 998.9833 | +3.0208 |
| Prev. Close | Volume | Bid | Ask | Time |
| 995.9625 | 2024-11-20 03:51:31 |