Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Australian Dollar/South Korean Won (FOREX:AUDKRW)
Bull Market Weakness (+75) - AUDKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDKRW as it may be in the beginning stages of a reversal.
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 Jan 5th, 2021 at 842.6886
The intermediate-term trend has been UP since Dec 10th, 2020 at 818.4005
The short-term trend has been DOWN since Feb 26th, 2021 at 876.7469
Smart Scan Analysis for AUDKRW
Based on our trend formula, AUDKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).