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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Crossroads (+60) - KRWJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.09516059 0.09552994 0.09499303 0.09506669 -0.00009400
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 8.75350800

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 0.09308017

short term up The short-term trend has been UP since Dec 1st, 2020 at 0.09439209

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09516059 0.09552994 0.09499303 0.09506669 -0.00009400
Prev. Close Volume Bid Ask Time
0.09516059 2020-12-03 12:00:46
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