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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

Countertrend Up (+85) - CHFKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
1282.5127 1286.7669 1281.1024 1283.6622 +1.1495
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term up The long-term trend has been UP since May 16th, 2021 at 1254.4206

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 1280.3292

short term down The short-term trend has been DOWN since Oct 12th, 2021 at 1285.2361

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
1282.5127 1286.7669 1281.1024 1283.6622 +1.1495
Prev. Close Volume Bid Ask Time
1282.5127 2021-10-18 21:39:33
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