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Forex Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

South Korean Won/Swiss Franc (FOREX:KRWCHF)

Countertrend Down (-85) - KRWCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_KRWCHF
Open High Low KRWCHF Price Change
0.00064447 0.00064447 0.00064447 0.00064447 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWCHF

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 0.00070301

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 0.00066046

short term up The short-term trend has been UP since Jun 21st, 2024 at 0.00064444

Smart Scan Analysis for KRWCHF

Based on our trend formula, KRWCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for KRWCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00064447 0.00064447 0.00064447 0.00064447 0.00000000
Prev. Close Volume Bid Ask Time
0.00064447 2024-06-23 00:23:04
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