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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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
913.8145 913.8145 913.8145 913.8145 0.0000
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 up The intermediate-term trend has been UP since Mar 20th, 2024 at 878.4939

short term up The short-term trend has been UP since Jun 12th, 2024 at 911.9974

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
913.8145 913.8145 913.8145 913.8145 0.0000
Prev. Close Volume Bid Ask Time
913.8145 2024-06-16 02:44:50
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