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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

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
1408.5064 1421.5577 1405.8664 1409.4478 +0.9414
Entry Signal

MarketClub’s Trade Triangles for CHFKRW

long term down The long-term trend has been DOWN since Jan 5th, 2023 at 1357.5193

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2023 at 1354.3454

short term up The short-term trend has been UP since Mar 24th, 2023 at 1420.2109

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
1408.5064 1421.5577 1405.8664 1409.4478 +0.9414
Prev. Close Volume Bid Ask Time
1408.5064 2023-03-24 15:44:40
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