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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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

Strong Downtrend (-100) - KRWCNY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

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
0.59044246 0.59044246 0.58761709 0.58799925 -0.00244300
Entry Signal

MarketClub’s Trade Triangles for KRWCNY

long term down The long-term trend has been DOWN since Jan 20th, 2020 at 0.58899671

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2020 at 0.59423958

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 0.58875433

Smart Scan Analysis for KRWCNY

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

-100
Smart Scan Analysis for KRWCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59044246 0.59044246 0.58761709 0.58799925 -0.00244300
Prev. Close Volume Bid Ask Time
0.59044246 0.58722160 0.58877691 2020-02-17 19:38:56
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