Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Swiss Franc/South Korean Won (FOREX:CHFKRW)

Long-Term Uptrend (+90) - CHFKRW is in a strong uptrend that is likely to continue. While CHFKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1563.7252 1566.1821 1562.2136 1562.9515 -0.7737
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 up The intermediate-term trend has been UP since Jul 17th, 2024 at 1558.1044

short term up The short-term trend has been UP since Jul 15th, 2024 at 1544.1094

Smart Scan Analysis for CHFKRW

Based on our trend formula, CHFKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1563.7252 1566.1821 1562.2136 1562.9515 -0.7737
Prev. Close Volume Bid Ask Time
1563.7252 2024-07-21 22:31:56
Get a free daily analysis and signals for Swiss Franc/South Korean Won (CHFKRW) - Request Your Free Report.