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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/South Korean Won (FOREX:EURKRW)
Weak Uptrend (+65) - EURKRW is showing signs of weakening momentum to the upside. Monitor EURKRW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURKRW
The long-term trend has been UP since Jan 9th, 2024 at 1448.80
The intermediate-term trend has been DOWN since May 3rd, 2024 at 1462.20
The short-term trend has been UP since May 7th, 2024 at 1464.85
Smart Scan Analysis for EURKRW
Based on our trend formula, EURKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1469.44 | 1472.64 | 1469.44 | 1472.08 | +2.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1469.44 | 2024-05-09 15:28:44 |