Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
KOREAN WON/$ Mar 2021 (CME:KRW.H21)
Sidelines Mode (-55) - KRW.H21 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 KRW.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRW.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRW.H21
The long-term trend has been DOWN since Dec 30th, 2020 at 0.000932
The intermediate-term trend has been UP since Feb 16th, 2021 at 0.000908
The short-term trend has been DOWN since Feb 16th, 2021 at 0.000904
Smart Scan Analysis for KRW.H21
Based on our trend formula, KRW.H21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).