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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

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

Is it time to buy, sell, or avoid KRWCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWCAD
Open High Low KRWCAD Price Change
0.00108562 0.00109341 0.00108405 0.00109030 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for KRWCAD

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 0.10954997

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 0.00111704

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 0.00111752

Smart Scan Analysis for KRWCAD

Based on our trend formula, KRWCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00108562 0.00109341 0.00108405 0.00109030 +0.00000500
Prev. Close Volume Bid Ask Time
0.00108562 2021-05-07 19:06:04
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