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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Japanese Yen/South Korean Won (FOREX:JPYKRW)

Weak Downtrend (-65) - JPYKRW is showing signs of a strengthening downtrend. Monitor JPYKRW as it may be building momentum to the downside.

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
10.501273 10.542383 10.459302 10.525307 +0.024034
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 down The intermediate-term trend has been DOWN since Feb 10th, 2021 at 10.578274

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 10.437889

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
10.501273 10.542383 10.459302 10.525307 +0.024034
Prev. Close Volume Bid Ask Time
10.501273 2021-03-03 16:19:52
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