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Forex Trend Analysis Report

Prepared for you on Sunday, January 17, 2021.

Chinese Yuan Renminbi Offshore/South Korean Won (FOREX:CNHKRW)

Bull Market Weakness (+75) - CNHKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHKRW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNHKRW?

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

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

FOREX_CNHKRW
Open High Low CNHKRW Price Change
171 171 171 171 0
Entry Signal

MarketClub’s Trade Triangles for CNHKRW

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 171.325

intermediate term up The intermediate-term trend has been UP since Dec 21st, 2020 at 169.825

short term up The short-term trend has been UP since Jan 11th, 2021 at 169.950

Smart Scan Analysis for CNHKRW

Based on our trend formula, CNHKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CNHKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
171 171 171 171 0
Prev. Close Volume Bid Ask Time
171 2021-01-15 12:41:37
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