Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
South Korean Won/Swiss Franc (FOREX:KRWCHF)
Bear Market Rally (-75) - KRWCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWCHF as it may be in the beginning of a reversal.
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 Nov 2nd, 2020 at 0.00081119
The short-term trend has been DOWN since Nov 27th, 2020 at 0.00081896
Smart Scan Analysis for KRWCHF
Based on our trend formula, KRWCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).