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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

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

Strong Uptrend (+100) - CNYKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYKRW 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 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
173.59111 174.33015 172.82489 174.05186 +0.46075
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 up The intermediate-term trend has been UP since Dec 21st, 2020 at 168.97318

short term up The short-term trend has been UP since Mar 3rd, 2021 at 174.27176

Smart Scan Analysis for CNYKRW

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

+100
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.59111 174.33015 172.82489 174.05186 +0.46075
Prev. Close Volume Bid Ask Time
173.59111 2021-03-03 16:49:30
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