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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 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
1602.0188 1602.0188 1602.0188 1602.0188 0.0000
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 Oct 7th, 2024 at 1581.4386

short term up The short-term trend has been UP since Oct 13th, 2024 at 1581.3772

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
1602.0188 1602.0188 1602.0188 1602.0188 0.0000
Prev. Close Volume Bid Ask Time
1602.0188 2024-10-26 04:48:20
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