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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Weak Uptrend (+65) - KRWJPY is showing signs of weakening momentum to the upside. Monitor KRWJPY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid KRWJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWJPY
Open High Low KRWJPY Price Change
0.11233972 0.11244981 0.11224231 0.11227133 -0.00006800
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long-term trend has been UP since Mar 21st, 2024 at 0.11389276

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.11137595

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.11157548

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11233972 0.11244981 0.11224231 0.11227133 -0.00006800
Prev. Close Volume Bid Ask Time
0.11233972 2024-04-23 08:11:46
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