Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Australian Dollar/South Korean Won (FOREX:AUDKRW)
Weak Downtrend (-65) - AUDKRW is showing signs of a strengthening downtrend. Monitor AUDKRW as it may be building momentum to the downside.
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 DOWN since Oct 8th, 2020 at 823.5872
The intermediate-term trend has been DOWN since Sep 18th, 2020 at 849.3294
The short-term trend has been UP since Nov 19th, 2020 at 813.0255
Smart Scan Analysis for AUDKRW
Based on our trend formula, AUDKRW is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).