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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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
198.30226 198.50772 196.56222 196.85069 -1.45157
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long-term trend has been UP since Oct 21st, 2024 at 193.92318

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 197.17353

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 198.16834

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
198.30226 198.50772 196.56222 196.85069 -1.45157
Prev. Close Volume Bid Ask Time
198.30226 2025-01-20 09:44:14
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