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.
MarketClub’s Trade Triangles for KRWJPY
The long-term trend has been DOWN since Oct 11th, 2020 at 8.75350800
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.09308017
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).