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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.
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MarketClub’s Trade Triangles for CADKRW
The long-term trend has been DOWN since Nov 10th, 2022 at 1002.2891
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 949.5007
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).
| 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 |