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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

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

Weak Downtrend (-65) - CNHKRW is showing signs of a strengthening downtrend. Monitor CNHKRW as it may be building momentum to the downside.

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
184.525 184.525 184.525 184.525 0.000
Entry Signal

MarketClub’s Trade Triangles for CNHKRW

long term up The long-term trend has been UP since Jan 29th, 2021 at 173.35

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 184.75

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 185.35

Smart Scan Analysis for CNHKRW

Based on our trend formula, CNHKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNHKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
184.525 184.525 184.525 184.525 0.000
Prev. Close Volume Bid Ask Time
184.525 2021-10-25 22:41:37
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