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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Countertrend Down (-85) - JPYKRW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
10.770330 10.889781 10.764293 10.824691 +0.054361
Entry Signal

MarketClub’s Trade Triangles for JPYKRW

long term down The long-term trend has been DOWN since Oct 29th, 2019 at 10.672500

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2020 at 10.708762

short term up The short-term trend has been UP since Feb 21st, 2020 at 10.866686

Smart Scan Analysis for JPYKRW

Based on our trend formula, JPYKRW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JPYKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.770330 10.889781 10.764293 10.824691 +0.054361
Prev. Close Volume Bid Ask Time
10.770330 10.815761 10.833620 2020-02-21 08:28:26
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