Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Chinese Yuan Renminbi/South Korean Won (FOREX:CNYKRW)

Weak Downtrend (-65) - CNYKRW is showing signs of a strengthening downtrend. Monitor CNYKRW as it may be building momentum to the downside.

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

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

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

FOREX_CNYKRW
Open High Low CNYKRW Price Change
188.67372 188.67372 188.67372 188.67372 0.00000
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long-term trend has been UP since Mar 1st, 2023 at 191.04966

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 186.98732

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 188.86404

Smart Scan Analysis for CNYKRW

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

-70
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
188.67372 188.67372 188.67372 188.67372 0.00000
Prev. Close Volume Bid Ask Time
188.67372 2023-03-25 23:12:47
Get a free daily analysis and signals for Chinese Yuan Renminbi/South Korean Won (CNYKRW) - Request Your Free Report.