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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2024.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Bull Market Weakness (+75) - KRWJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWJPY as it may be in the beginning stages of a reversal.

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.

FOREX_KRWJPY
Open High Low KRWJPY Price Change
0.1103146 0.1103146 0.1103146 0.1103146 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long-term trend has been UP since Nov 15th, 2024 at 0.11169923

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2024 at 0.10985936

short term up The short-term trend has been UP since Nov 13th, 2024 at 0.11081339

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1103146 0.1103146 0.1103146 0.1103146 0.0000000
Prev. Close Volume Bid Ask Time
0.1103146 2024-11-16 03:21:34
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