Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
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.
MarketClub’s Trade Triangles for AUDKRW
The long-term trend has been DOWN since Oct 1st, 2019 at 804.9050
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 792.9178
The short-term trend has been UP since Apr 7th, 2020 at 749.5223
Smart Scan Analysis for AUDKRW
Based on our trend formula, AUDKRW is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).