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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Weak Downtrend (-65) - KRWJPY is showing signs of a strengthening downtrend. Monitor KRWJPY as it may be building momentum to the downside.

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
0.10854335 0.10869386 0.10841008 0.10864380 +0.00010000
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term down The long-term trend has been DOWN since Dec 3rd, 2024 at 0.10526949

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2024 at 0.10896157

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.10749028

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
0.10854335 0.10869386 0.10841008 0.10864380 +0.00010000
Prev. Close Volume Bid Ask Time
0.10854335 2024-12-26 07:24:40
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