Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
Long-Term Uptrend (+90) - JPYKRW is in a strong uptrend that is likely to continue. While JPYKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Mar 12th, 2023 at 9.825725
The intermediate-term trend has been UP since Mar 9th, 2023 at 9.729348
The short-term trend has been UP since Mar 24th, 2023 at 9.984033
Smart Scan Analysis for JPYKRW
Based on our trend formula, JPYKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).