Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

KOREAN WON/$ May 2022 (CME:KRW.K22)

Strong Downtrend (-100) - KRW.K22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRW.K22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid KRW.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRW.K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_KRW.K22
Open High Low KRW.K22 Price Change
0.000776 0.000776 0.000776 0.000780 -0.000009
Entry Signal

MarketClub’s Trade Triangles for KRW.K22

long term down The long-term trend has been DOWN since Apr 11th, 2022 at 0.000815

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 0.000815

short term down The short-term trend has been DOWN since Apr 11th, 2022 at 0.000815

Smart Scan Analysis for KRW.K22

Based on our trend formula, KRW.K22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for KRW.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000776 0.000776 0.000776 0.000780 -0.000009
Prev. Close Volume Bid Ask Time
0.000780 1 2022-05-12 09:15:52
Expiration2022-05-16Open Time18:00
Close Time17:00
Get a free daily analysis and signals for KOREAN WON/$ May 2022 (KRW.K22) - Request Your Free Report.