Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
KOREAN WON/$ Aug 2022 (CME:KRW.Q22)
Sidelines Mode (+50) - KRW.Q22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KRW.Q22 can gain momentum.
Is it time to buy, sell, or avoid KRW.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRW.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRW.Q22
The long-term trend has been DOWN since Jul 13th, 2022 at 0.000769
The intermediate-term trend has been UP since Aug 8th, 2022 at 0.000767
The short-term trend has been UP since Aug 8th, 2022 at 0.000763
Smart Scan Analysis for KRW.Q22
Based on our trend formula, KRW.Q22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).