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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
South Korean Won/Japanese Yen (FOREX:KRWJPY)
Long-Term Downtrend (-90) - KRWJPY is in a strong downtrend that is likely to continue. While KRWJPY 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 KRWJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KRWJPY
The long-term trend has been DOWN since Mar 12th, 2023 at 0.10183106
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 0.10309404
The short-term trend has been DOWN since Mar 24th, 2023 at 0.10013967
Smart Scan Analysis for KRWJPY
Based on our trend formula, KRWJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10096677 | 0.10114896 | 0.09932702 | 0.10087752 | -0.00008900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10096677 | 2023-03-24 15:32:26 |