Forex Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Swiss Franc/South Korean Won (FOREX:CHFKRW)
Strong Uptrend (+100) - CHFKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CHFKRW
The long-term trend has been UP since May 16th, 2021 at 1254.4206
The intermediate-term trend has been UP since Nov 1st, 2021 at 1295.5850
The short-term trend has been UP since Nov 26th, 2021 at 1279.9423
Smart Scan Analysis for CHFKRW
Based on our trend formula, CHFKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).