Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
South Korean Won/Swiss Franc (FOREX:KRWCHF)
Sidelines Mode (+55) - KRWCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid KRWCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWCHF
The long-term trend has been DOWN since Oct 11th, 2020 at 0.07580000
The intermediate-term trend has been UP since Feb 15th, 2021 at 0.00080851
The short-term trend has been DOWN since Feb 26th, 2021 at 0.00080538
Smart Scan Analysis for KRWCHF
Based on our trend formula, KRWCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).