Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

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

Weak Uptrend (+65) - CNYKRW is showing signs of weakening momentum to the upside. Monitor CNYKRW as it may be in the beginning stages of a reversal.

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
190.20353 190.20353 190.20353 190.20353 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long-term trend has been UP since Mar 1st, 2023 at 191.04966

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 186.98732

short term up The short-term trend has been UP since Mar 29th, 2023 at 189.70807

Smart Scan Analysis for CNYKRW

Based on our trend formula, CNYKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.20353 190.20353 190.20353 190.20353 0.00000
Prev. Close Volume Bid Ask Time
190.20353 2023-04-01 04:19:37
Get a free daily analysis and signals for Chinese Yuan Renminbi/South Korean Won (CNYKRW) - Request Your Free Report.