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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

South Korean Won/Canadian Dollar (FOREX:KRWCAD)

Long-Term Downtrend (-90) - KRWCAD is in a strong downtrend that is likely to continue. While KRWCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00098937 0.00099649 0.00098481 0.00099576 +0.00000600
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 down The intermediate-term trend has been DOWN since Jun 6th, 2022 at 0.00100193

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 0.00099828

Smart Scan Analysis for KRWCAD

Based on our trend formula, KRWCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRWCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00098937 0.00099649 0.00098481 0.00099576 +0.00000600
Prev. Close Volume Bid Ask Time
0.00098937 2022-07-05 18:50:13
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