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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

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
904.0516 904.0516 904.0516 904.0516 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term up The long-term trend has been UP since Nov 6th, 2024 at 924.7363

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 900.0335

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 910.0574

Smart Scan Analysis for AUDKRW

Based on our trend formula, AUDKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
904.0516 904.0516 904.0516 904.0516 0.0000
Prev. Close Volume Bid Ask Time
904.0516 2024-12-21 09:08:34
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