Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
Weak Downtrend (-65) - JPYKRW is showing signs of a strengthening downtrend. Monitor JPYKRW as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JPYKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYKRW
The long-term trend has been UP since Jul 8th, 2021 at 10.432696
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 10.572573
The short-term trend has been DOWN since Oct 10th, 2021 at 10.645496
Smart Scan Analysis for JPYKRW
Based on our trend formula, JPYKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).