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Forex Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

South Korean Won/Chinese Yuan Renminbi (FOREX:KRWCNY)

Weak Uptrend (+65) - KRWCNY is showing signs of weakening momentum to the upside. Monitor KRWCNY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid KRWCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWCNY
Open High Low KRWCNY Price Change
0.58594960 0.58594960 0.58594960 0.58594960 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWCNY

long term up The long-term trend has been UP since Jun 5th, 2020 at 0.58977397

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2020 at 0.58188979

short term up The short-term trend has been UP since Aug 5th, 2020 at 0.58564814

Smart Scan Analysis for KRWCNY

Based on our trend formula, KRWCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for KRWCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58594960 0.58594960 0.58594960 0.58594960 0.00000000
Prev. Close Volume Bid Ask Time
0.58594960 0.58523623 0.58666296 2020-08-08 04:43:37
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