Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Australian Dollar/South Korean Won (FOREX:AUDKRW)
Sidelines Mode (+55) - AUDKRW 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AUDKRW
The long-term trend has been UP since Nov 6th, 2024 at 924.7363
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 901.8491
The short-term trend has been UP since Nov 19th, 2024 at 909.1192
Smart Scan Analysis for AUDKRW
Based on our trend formula, AUDKRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 907.3556 | 908.8609 | 906.6154 | 908.4980 | +1.1424 |
| Prev. Close | Volume | Bid | Ask | Time |
| 907.3556 | 2024-11-20 03:23:25 |