Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
South Korean Won/Canadian Dollar (FOREX:KRWCAD)
Long-Term Uptrend (+90) - KRWCAD is in a strong uptrend that is likely to continue. While KRWCAD 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 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.
MarketClub’s Trade Triangles for KRWCAD
The long-term trend has been UP since Mar 8th, 2020 at 0.11365268
The intermediate-term trend has been UP since Mar 3rd, 2020 at 0.11273998
The short-term trend has been UP since Mar 31st, 2020 at 0.11632703
Smart Scan Analysis for KRWCAD
Based on our trend formula, KRWCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).