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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

Long-Term Uptrend (+90) - CHFKRW is in a strong uptrend that is likely to continue. While CHFKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CHFKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFKRW
Open High Low CHFKRW Price Change
1353.0719 1361.8824 1352.8294 1355.2873 +2.2154
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term up The long-term trend has been UP since Jun 16th, 2022 at 1337.1100

intermediate term up The intermediate-term trend has been UP since May 24th, 2022 at 1312.1051

short term up The short-term trend has been UP since Jul 5th, 2022 at 1358.7194

Smart Scan Analysis for CHFKRW

Based on our trend formula, CHFKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1353.0719 1361.8824 1352.8294 1355.2873 +2.2154
Prev. Close Volume Bid Ask Time
1353.0719 2022-07-05 10:56:26
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