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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Sidelines Mode (-55) - CADKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_CADKRW
Open High Low CADKRW Price Change
951.5273 955.4910 949.1398 955.0189 +3.4916
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term down The long-term trend has been DOWN since Nov 10th, 2022 at 1002.2891

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 949.5007

short term up The short-term trend has been UP since Mar 27th, 2023 at 948.9207

Smart Scan Analysis for CADKRW

Based on our trend formula, CADKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
951.5273 955.4910 949.1398 955.0189 +3.4916
Prev. Close Volume Bid Ask Time
951.5273 2023-03-28 21:36:52
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