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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South Korean Won/Euro (FOREX:KRWEUR)
Sidelines Mode (+55) - KRWEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid KRWEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWEUR.
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 KRWEUR
The long-term trend has been DOWN since Jan 9th, 2024 at 0.00069024
The intermediate-term trend has been UP since May 3rd, 2024 at 0.00068423
The short-term trend has been DOWN since May 8th, 2024 at 0.00068130
Smart Scan Analysis for KRWEUR
Based on our trend formula, KRWEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00068049 | 0.00068060 | 0.00068035 | 0.00068044 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00068049 | 2024-05-09 00:08:51 |