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Forex Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

Weak Downtrend (-65) - KRWCAD is showing signs of a strengthening downtrend. Monitor KRWCAD as it may be building momentum to the downside.

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.

FOREX_KRWCAD
Open High Low KRWCAD Price Change
0.00101576 0.00101717 0.00100524 0.00100722 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.00101435

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.00100565

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 0.00102107

Smart Scan Analysis for KRWCAD

Based on our trend formula, KRWCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00101576 0.00101717 0.00100524 0.00100722 -0.00000900
Prev. Close Volume Bid Ask Time
0.00101576 2024-10-04 19:37:07
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