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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Long-Term Uptrend (+90) - AUDKRW is in a strong uptrend that is likely to continue. While AUDKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
881.0483 882.6150 877.9612 878.9290 -2.1193
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term up The long-term trend has been UP since Sep 13th, 2021 at 865.6313

intermediate term up The intermediate-term trend has been UP since Sep 3rd, 2021 at 861.6726

short term up The short-term trend has been UP since Oct 19th, 2021 at 880.1665

Smart Scan Analysis for AUDKRW

Based on our trend formula, AUDKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
881.0483 882.6150 877.9612 878.9290 -2.1193
Prev. Close Volume Bid Ask Time
881.0483 2021-10-22 19:17:51
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