Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
South Korean Won/Swiss Franc (FOREX:KRWCHF)
Long-Term Downtrend (-90) - KRWCHF is in a strong downtrend that is likely to continue. While KRWCHF 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 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 Feb 6th, 2023 at 0.00073833
The short-term trend has been DOWN since Mar 24th, 2023 at 0.00070424
Smart Scan Analysis for KRWCHF
Based on our trend formula, KRWCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).