Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

South Korean Won/US Dollar (FOREX:KRWUSD)

Bear Market Rally (-75) - KRWUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KRWUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	KRWUSD Price	Change
0.00072607	0.00072908	0.00072514	0.00072780	+0.00000200
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

The long-term trend has been DOWN since Mar 27th, 2024 at 0.00074038

The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00074759

The short-term trend has been UP since Apr 17th, 2024 at 0.00072443

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00072607	0.00072908	0.00072514	0.00072780	+0.00000200
Prev. Close	Volume	Bid	Ask	Time
0.00072607				2024-04-23 12:37:07

Get a free daily analysis and signals for South Korean Won/US Dollar (KRWUSD) - Request Your Free Report.