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Forex Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

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.

FOREX_JPYKRW
Open High Low JPYKRW Price Change
9.760278 9.803120 9.749393 9.793270 +0.032992
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long-term trend has been DOWN since Mar 16th, 2022 at 10.288396

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2022 at 9.691877

short term up The short-term trend has been UP since Aug 10th, 2022 at 9.698549

Smart Scan Analysis for JPYKRW

Based on our trend formula, JPYKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.760278 9.803120 9.749393 9.793270 +0.032992
Prev. Close Volume Bid Ask Time
9.760278 2022-08-14 23:31:35
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