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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Canadian Dollar/South Korean Won (FOREX:CADKRW)

Sidelines Mode (-55) - CADKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_CADKRW
Open High Low CADKRW Price Change
895.8433 897.3872 895.3200 895.6534 -0.1899
Entry Signal

MarketClub’s Trade Triangles for CADKRW

long term up The long-term trend has been UP since Feb 4th, 2021 at 876.2056

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2021 at 894.8833

short term up The short-term trend has been UP since Apr 11th, 2021 at 894.9217

Smart Scan Analysis for CADKRW

Based on our trend formula, CADKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
895.8433 897.3872 895.3200 895.6534 -0.1899
Prev. Close Volume Bid Ask Time
895.8433 2021-04-12 09:37:39
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