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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Strong Uptrend (+100) - AUDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
895.5817 896.8905 894.9011 896.8905 +1.3088
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 Apr 23rd, 2024 at 891.6071

Smart Scan Analysis for AUDKRW

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

+100
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
895.5817 896.8905 894.9011 896.8905 +1.3088
Prev. Close Volume Bid Ask Time
895.5817 2024-04-25 04:24:29
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