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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South Korean Won/British Pound (FOREX:KRWGBP)
Sidelines Mode (+55) - KRWGBP 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 KRWGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWGBP.
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 KRWGBP
The long-term trend has been DOWN since Jan 8th, 2024 at 0.00059644
The intermediate-term trend has been UP since May 3rd, 2024 at 0.00058928
The short-term trend has been DOWN since May 8th, 2024 at 0.00058461
Smart Scan Analysis for KRWGBP
Based on our trend formula, KRWGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00058529 | 0.00058534 | 0.00058509 | 0.00058523 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00058529 | 2024-05-09 00:21:08 |