Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
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.
MarketClub’s Trade Triangles for AUDKRW
The long-term trend has been UP since Sep 13th, 2021 at 865.6313
The intermediate-term trend has been UP since Sep 3rd, 2021 at 861.6726
The short-term trend has been UP since Oct 19th, 2021 at 880.1665
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).