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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

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
8.879516 9.019541 8.879516 8.951449 +0.071933
Entry Signal

MarketClub’s Trade Triangles for KRWJPY

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 9.043575

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 9.048567

short term up The short-term trend has been UP since Apr 6th, 2020 at 8.822467

Smart Scan Analysis for KRWJPY

Based on our trend formula, KRWJPY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for KRWJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.879516 9.019541 8.879516 8.951449 +0.071933
Prev. Close Volume Bid Ask Time
8.879516 8.951147 8.951750 2020-04-07 16:38:39
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