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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Sidelines Mode (-55) - KRWJPY 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 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
0.09674559 0.09707170 0.09628830 0.09636019 -0.00038500
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 0.09583649

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 0.09458517

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 0.09647501

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09674559 0.09707170 0.09628830 0.09636019 -0.00038500
Prev. Close Volume Bid Ask Time
0.09674559 2021-10-22 19:27:48
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