Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

Bear Market Rally (-75) - KRWCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWCAD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KRWCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	KRWCAD Price	Change
0.00104772	0.00104887	0.00104771	0.00104851	+0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

The long-term trend has been DOWN since Oct 11th, 2020 at 0.10954997

The intermediate-term trend has been DOWN since Jul 28th, 2021 at 0.00108513

The short-term trend has been UP since Oct 19th, 2021 at 0.00104809

Smart Scan Analysis for KRWCAD

Based on our trend formula, KRWCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00104772	0.00104887	0.00104771	0.00104851	+0.00000100
Prev. Close	Volume	Bid	Ask	Time
0.00104772				2021-10-22 02:08:13

Get a free daily analysis and signals for South Korean Won/Canadian Dollar (KRWCAD) - Request Your Free Report.