Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
Crossroads (-60) - JPYKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for JPYKRW
The long-term trend has been UP since Jan 2nd, 2024 at 9.211427
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 8.858207
The short-term trend has been DOWN since May 6th, 2024 at 8.819182
Smart Scan Analysis for JPYKRW
Based on our trend formula, JPYKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.790157 | 8.801451 | 8.767735 | 8.797768 | +0.007611 |
Prev. Close | Volume | Bid | Ask | Time |
8.790157 | 2024-05-10 14:02:23 |