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.
MarketClub’s Trade Triangles for CHFKRW
The long-term trend has been UP since Jan 7th, 2020 at 1213.4761
The intermediate-term trend has been DOWN since Jun 5th, 2020 at 1251.3215
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).