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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Weak Uptrend (+65) - JPYKRW is showing signs of weakening momentum to the upside. Monitor JPYKRW as it may be in the beginning stages of a reversal.

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.

FOREX_JPYKRW
Open High Low JPYKRW Price Change
8.903555 8.927878 8.889917 8.920211 +0.016656
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 9.211427

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 8.974461

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 8.962636

Smart Scan Analysis for JPYKRW

Based on our trend formula, JPYKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.903555 8.927878 8.889917 8.920211 +0.016656
Prev. Close Volume Bid Ask Time
8.903555 2024-04-18 12:52:40
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