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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Strong Downtrend (-100) - CADKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
866.9672 869.7508 865.9430 865.9873 -0.9799
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term down The long-term trend has been DOWN since Mar 8th, 2020 at 874.5678

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2020 at 886.7297

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 864.3782

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).

-100
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
866.9672 869.7508 865.9430 865.9873 -0.9799
Prev. Close Volume Bid Ask Time
866.9672 865.6173 866.3572 2020-04-09 07:43:30
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