Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Japanese Yen/South Korean Won (FOREX:JPYKRW)
Bull Market Weakness (+75) - JPYKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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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 UP since Mar 6th, 2024 at 8.942324
The short-term trend has been DOWN since Mar 19th, 2024 at 8.918761
Smart Scan Analysis for JPYKRW
Based on our trend formula, JPYKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.942443 | 8.942443 | 8.899622 | 8.907911 | -0.034532 |
Prev. Close | Volume | Bid | Ask | Time |
8.942443 | 2024-03-19 05:15:10 |