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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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 Dec 3rd, 2024 at 9.505851
The intermediate-term trend has been UP since Jan 30th, 2025 at 9.411552
The short-term trend has been DOWN since Feb 4th, 2025 at 9.360059
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 |
|---|---|---|---|---|
| 9.449466 | 9.449466 | 9.433975 | 9.443596 | -0.005870 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.449466 | 2025-02-05 00:50:02 |