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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

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

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.

FOREX_JPYKRW
Open High Low JPYKRW Price Change
10.284464 10.336581 10.284464 10.315008 +0.030544
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long-term trend has been UP since Jul 8th, 2021 at 10.432696

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 10.572573

short term down The short-term trend has been DOWN since Oct 10th, 2021 at 10.645496

Smart Scan Analysis for JPYKRW

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

-70
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.284464 10.336581 10.284464 10.315008 +0.030544
Prev. Close Volume Bid Ask Time
10.284464 2021-10-21 08:01:50
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