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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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, SHORTSYMBOL 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.

FOREX_JPYKRW
Open High Low JPYKRW Price Change
10.458861 10.500152 10.362004 10.469697 +0.010836
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 10.958361

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2021 at 10.578274

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 10.435312

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).

-100
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.458861 10.500152 10.362004 10.469697 +0.010836
Prev. Close Volume Bid Ask Time
10.458861 2021-03-08 20:30:35
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