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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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

Strong Uptrend (+100) - CNYKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYKRW 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 ?

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
169.52671 170.24665 169.37191 170.16788 +0.64117
Entry Signal

MarketClub’s Trade Triangles for CNYKRW

long term up The long-term trend has been UP since Dec 10th, 2019 at 169.71000

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 168.53246

short term up The short-term trend has been UP since Feb 17th, 2020 at 169.87130

Smart Scan Analysis for CNYKRW

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

+100
Smart Scan Analysis for CNYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.52671 170.24665 169.37191 170.16788 +0.64117
Prev. Close Volume Bid Ask Time
169.52671 170.02464 170.31111 2020-02-17 20:22:40
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