Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Crossroads (-60) - CADKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CADKRW?

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

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

Open	High	Low	CADKRW Price	Change
1003.2825	1004.2536	999.1298	1001.3522	-1.9303
Entry Signal

MarketClub’s Trade Triangles for CADKRW

The long-term trend has been UP since Apr 10th, 2024 at 999.1208

The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 1004.7416

The short-term trend has been DOWN since Jul 22nd, 2024 at 1008.9230

Smart Scan Analysis for CADKRW

Based on our trend formula, CADKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1003.2825	1004.2536	999.1298	1001.3522	-1.9303
Prev. Close	Volume	Bid	Ask	Time
1003.2825				2024-07-26 20:56:55

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