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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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.

FOREX_KRWCAD
Open High Low KRWCAD Price Change
0.00100586 0.00100916 0.00100573 0.00100916 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term down The long-term trend has been DOWN since Apr 3rd, 2023 at 0.00102413

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 0.00100427

short term up The short-term trend has been UP since Sep 29th, 2023 at 0.00100607

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
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00100586 0.00100916 0.00100573 0.00100916 +0.00000300
Prev. Close Volume Bid Ask Time
0.00100586 2023-10-03 06:19:58
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