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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

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.

FOREX_CHFKRW
Open High Low CHFKRW Price Change
1268.3538 1268.4595 1247.1626 1248.9618 -19.3920
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term up The long-term trend has been UP since Jan 7th, 2020 at 1213.4761

intermediate term down The intermediate-term trend has been DOWN since Jun 5th, 2020 at 1251.3215

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 1274.8616

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).

-60
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1268.3538 1268.4595 1247.1626 1248.9618 -19.3920
Prev. Close Volume Bid Ask Time
1268.3538 1247.9236 1250.0000 2020-06-05 20:49:59
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