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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Bear Market Rally (-75) - JPYKRW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYKRW as it may be in the beginning 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
11.226623 11.226623 11.226623 11.226623 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 10.958361

intermediate term up The intermediate-term trend has been UP since Jul 23rd, 2020 at 11.289451

short term down The short-term trend has been DOWN since Jul 31st, 2020 at 11.310675

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).

-75
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.226623 11.226623 11.226623 11.226623 0.000000
Prev. Close Volume Bid Ask Time
11.226623 11.207741 11.245504 2020-08-09 01:35:10
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