Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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 May 17th, 2021 at 0.00079645
The intermediate-term trend has been DOWN since Jul 8th, 2021 at 0.00079856
The short-term trend has been UP since Oct 13th, 2021 at 0.00077880
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).