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.

Open	High	Low	KRWJPY Price	Change
0.10317343	0.10317343	0.10291502	0.10300646	-0.00016700
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

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

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

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

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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