Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swiss Franc/South Korean Won (FOREX:CHFKRW)
Crossroads (-60) - CHFKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CHFKRW
The long-term trend has been UP since Jan 16th, 2024 at 1554.8556
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 1580.3123
The short-term trend has been DOWN since Nov 7th, 2024 at 1582.2002
Smart Scan Analysis for CHFKRW
Based on our trend formula, CHFKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1573.7349 | 1578.1278 | 1572.6460 | 1578.1278 | +4.3929 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1573.7349 | 2024-11-20 03:35:31 |