Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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.

Open	High	Low	KRWJPY Price	Change
0.11107579	0.11110456	0.11033039	0.11045815	-0.00061800
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

The long-term trend has been UP since Jun 2nd, 2023 at 0.10635814

The intermediate-term trend has been DOWN since Sep 27th, 2023 at 0.10966077

The short-term trend has been UP since Sep 29th, 2023 at 0.11088768

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.11107579	0.11110456	0.11033039	0.11045815	-0.00061800
Prev. Close	Volume	Bid	Ask	Time
0.11107579				2023-10-02 08:28:00

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