Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Chinese Yuan Renminbi/South Korean Won (FOREX:CNYKRW)

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

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

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

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

FOREX_CNYKRW
Open High Low CNYKRW Price Change
183.16700 183.28166 182.80560 182.96376 -0.20324
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long-term trend has been UP since Jan 27th, 2021 at 172.04222

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 182.83618

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 183.64461

Smart Scan Analysis for CNYKRW

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

-70
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
183.16700 183.28166 182.80560 182.96376 -0.20324
Prev. Close Volume Bid Ask Time
183.16700 2021-10-25 20:07:15
Get a free daily analysis and signals for Chinese Yuan Renminbi/South Korean Won (CNYKRW) - Request Your Free Report.