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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

Crossroads (-60) - CHFKRW 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 CHFKRW?

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

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

FOREX_CHFKRW
Open High Low CHFKRW Price Change
1494.9403 1497.1606 1489.2235 1491.8607 -3.0796
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term up The long-term trend has been UP since Jan 16th, 2024 at 1554.8556

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2024 at 1533.2519

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 1503.1180

Smart Scan Analysis for CHFKRW

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

-60
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1494.9403 1497.1606 1489.2235 1491.8607 -3.0796
Prev. Close Volume Bid Ask Time
1494.9403 2024-03-29 12:00:22
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