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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Crossroads (+60) - AUDKRW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_AUDKRW
Open High Low AUDKRW Price Change
867.2509 867.2509 867.2509 867.2509 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long-term trend has been DOWN since May 30th, 2023 at 857.4510

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2023 at 865.4689

short term up The short-term trend has been UP since Dec 6th, 2023 at 869.8895

Smart Scan Analysis for AUDKRW

Based on our trend formula, AUDKRW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
867.2509 867.2509 867.2509 867.2509 0.0000
Prev. Close Volume Bid Ask Time
867.2509 2023-12-09 01:15:12
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