Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

Strong Downtrend (-100) - KRWCAD 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 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
0.11222020 0.11223017 0.11145425 0.11158794 -0.00063200
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 0.11089805

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2020 at 0.11190028

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 0.11180399

Smart Scan Analysis for KRWCAD

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

-100
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11222020 0.11223017 0.11145425 0.11158794 -0.00063200
Prev. Close Volume Bid Ask Time
0.11222020 0.11157834 0.11159753 2020-08-04 21:38:00
Get a free daily analysis and signals for South Korean Won/Canadian Dollar (KRWCAD) - Request Your Free Report.