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.
MarketClub’s Trade Triangles for JPYKRW
The long-term trend has been DOWN since Jun 5th, 2020 at 10.958361
The intermediate-term trend has been DOWN since Feb 10th, 2021 at 10.578274
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).