Future Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
KOREAN WON/$ May 2020 (CME:KRW.K20)
Bear Market Rally (-75) - KRW.K20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRW.K20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid KRW.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRW.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRW.K20
The long-term trend has been DOWN since Mar 6th, 2020 at 0.000844
The intermediate-term trend has been UP since Apr 9th, 2020 at 0.000816
The short-term trend has been DOWN since May 7th, 2020 at 0.000817
Smart Scan Analysis for KRW.K20
Based on our trend formula, KRW.K20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).