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Forex Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
South Korean Won/Japanese Yen (FOREX:KRWJPY)
Strong Downtrend (-100) - KRWJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWJPY continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for KRWJPY
The long-term trend has been DOWN since Dec 3rd, 2024 at 0.10526949
The intermediate-term trend has been DOWN since Nov 26th, 2024 at 0.10896157
The short-term trend has been DOWN since Nov 24th, 2024 at 0.10969218
Smart Scan Analysis for KRWJPY
Based on our trend formula, KRWJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10622885 | 0.10664473 | 0.10520495 | 0.10530274 | -0.00092600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10622885 | 2024-12-05 18:22:41 |