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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

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
8.732893 8.758206 8.727129 8.749662 +0.016769
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long-term trend has been DOWN since May 27th, 2024 at 8.656545

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 8.842600

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 8.717135

Smart Scan Analysis for JPYKRW

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

-65
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.732893 8.758206 8.727129 8.749662 +0.016769
Prev. Close Volume Bid Ask Time
8.732893 2024-06-21 04:18:54
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