Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Chinese Yuan Renminbi Offshore/South Korean Won (FOREX:CNHKRW)

Strong Uptrend (+100) - CNHKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNHKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CNHKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNHKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNHKRW
Open High Low CNHKRW Price Change
200.26893 201.06545 200.26808 200.99109 +0.72216
Entry Signal

MarketClub’s Trade Triangles for CNHKRW

long term up The long-term trend has been UP since Oct 21st, 2024 at 193.13275

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 194.65895

short term up The short-term trend has been UP since Dec 8th, 2024 at 196.43805

Smart Scan Analysis for CNHKRW

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

+100
Smart Scan Analysis for CNHKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
200.26893 201.06545 200.26808 200.99109 +0.72216
Prev. Close Volume Bid Ask Time
200.26893 2024-12-26 11:58:39
Get a free daily analysis and signals for Chinese Yuan Renminbi Offshore/South Korean Won (CNHKRW) - Request Your Free Report.