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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
Strong Downtrend (-100) - JPYKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYKRW continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYKRW
The long-term trend has been DOWN since Nov 14th, 2024 at 8.974924
The intermediate-term trend has been DOWN since Sep 26th, 2024 at 9.090943
The short-term trend has been DOWN since Nov 20th, 2024 at 8.968181
Smart Scan Analysis for JPYKRW
Based on our trend formula, JPYKRW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.966322 | 8.967234 | 8.946897 | 8.950398 | -0.015924 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.966322 | 2024-11-20 03:23:25 |