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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Crossroads (-60) - KRWJPY is struggling to move into a solid trend. Beware of choppy markets 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
0.10317343 0.10317343 0.10291502 0.10300646 -0.00016700
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long-term trend has been UP since Mar 17th, 2022 at 0.09735942

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2022 at 0.10315073

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 0.10298689

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10317343 0.10317343 0.10291502 0.10300646 -0.00016700
Prev. Close Volume Bid Ask Time
0.10317343 2022-08-10 05:02:50
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