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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.

FOREX_AUDKRW
Open High Low AUDKRW Price Change
816.293 816.293 816.293 816.293 0.000
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long-term trend has been DOWN since Oct 8th, 2020 at 823.5872

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2020 at 849.3294

short term up 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).

-65
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
816.293 816.293 816.293 816.293 0.000
Prev. Close Volume Bid Ask Time
816.293 2020-11-29 12:13:09
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