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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Crossroads (+60) - JPYKRW is struggling to move into a solid trend. Beware of choppy markets 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
9.094053 9.094053 9.094053 9.094053 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long-term trend has been DOWN since May 26th, 2023 at 9.405198

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2023 at 8.816884

short term up The short-term trend has been UP since Dec 3rd, 2023 at 8.856141

Smart Scan Analysis for JPYKRW

Based on our trend formula, JPYKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.094053 9.094053 9.094053 9.094053 0.000000
Prev. Close Volume Bid Ask Time
9.094053 2023-12-09 00:40:44
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