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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

Countertrend Down (-85) - CHFKRW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
1234.8403 1234.8520 1225.0582 1225.0582 -9.7821
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term down The long-term trend has been DOWN since Oct 8th, 2020 at 1259.2282

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2021 at 1237.0046

short term up The short-term trend has been UP since Feb 26th, 2021 at 1241.6067

Smart Scan Analysis for CHFKRW

Based on our trend formula, CHFKRW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1234.8403 1234.8520 1225.0582 1225.0582 -9.7821
Prev. Close Volume Bid Ask Time
1234.8403 2021-03-01 10:49:50
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