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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South Korean Won/Canadian Dollar (FOREX:KRWCAD)
Bull Market Weakness (+75) - KRWCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWCAD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for KRWCAD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.00100075
The intermediate-term trend has been UP since Jul 24th, 2024 at 0.00099712
The short-term trend has been UP since Jul 22nd, 2024 at 0.00099115
Smart Scan Analysis for KRWCAD
Based on our trend formula, KRWCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00099684 | 0.00100075 | 0.00099571 | 0.00100001 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00099684 | 2024-07-26 19:52:39 |