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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Sidelines Mode (+55) - JPYKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
11.210799 11.234057 11.123223 11.151337 -0.059462
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long-term trend has been UP since Feb 25th, 2020 at 11.058158

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2020 at 11.045692

short term down The short-term trend has been DOWN since Apr 5th, 2020 at 11.313436

Smart Scan Analysis for JPYKRW

Based on our trend formula, JPYKRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.210799 11.234057 11.123223 11.151337 -0.059462
Prev. Close Volume Bid Ask Time
11.210799 11.151291 11.151383 2020-04-08 21:35:27
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