Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
South Korean Won/Swiss Franc (FOREX:KRWCHF)
Countertrend Down (-85) - KRWCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid KRWCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWCHF
The long-term trend has been DOWN since Mar 9th, 2023 at 0.00070301
The intermediate-term trend has been DOWN since Nov 27th, 2023 at 0.00067487
The short-term trend has been UP since Nov 28th, 2023 at 0.00068173
Smart Scan Analysis for KRWCHF
Based on our trend formula, KRWCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).