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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 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
908.1369 910.1472 906.3788 906.6416 -1.4953
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 888.8532

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 919.1480

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 928.7762

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
908.1369 910.1472 906.3788 906.6416 -1.4953
Prev. Close Volume Bid Ask Time
908.1369 2024-07-26 20:53:07
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