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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Long-Term Uptrend (+90) - JPYKRW is in a strong uptrend that is likely to continue. While JPYKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
9.011361 9.027551 8.957967 9.007252 -0.004109
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term up The long-term trend has been UP since Jul 24th, 2024 at 9.070143

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2024 at 8.731798

short term up The short-term trend has been UP since Jul 12th, 2024 at 8.691052

Smart Scan Analysis for JPYKRW

Based on our trend formula, JPYKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.011361 9.027551 8.957967 9.007252 -0.004109
Prev. Close Volume Bid Ask Time
9.011361 2024-07-26 19:33:21
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