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.
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).