Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for KRWCAD
The long-term trend has been DOWN since Oct 11th, 2020 at 0.10954997
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 0.00100193
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).
| 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 |