Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
KOREAN WON/$ Apr 2021 (CME:KRW.J21)
Bull Market Weakness (+75) - KRW.J21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRW.J21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid KRW.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRW.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRW.J21
The long-term trend has been DOWN since Feb 23rd, 2021 at 0.000902
The intermediate-term trend has been UP since Apr 6th, 2021 at 0.000891
The short-term trend has been UP since Apr 14th, 2021 at 0.000893
Smart Scan Analysis for KRW.J21
Based on our trend formula, KRW.J21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).