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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

South Korean Won/Japanese Yen (FOREX:KRWJPY)

Strong Uptrend (+100) - KRWJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KRWJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.11296005 0.11311756 0.11253710 0.11277577 -0.00018400
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term up The long-term trend has been UP since Mar 21st, 2024 at 0.11389276

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.11289748

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.11157548

Smart Scan Analysis for KRWJPY

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

+100
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11296005 0.11311756 0.11253710 0.11277577 -0.00018400
Prev. Close Volume Bid Ask Time
0.11296005 2024-04-24 14:07:44
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