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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.

FOREX_AUDKRW
Open High Low AUDKRW Price Change
748.6684 754.4360 747.5448 749.2452 +0.5768
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long-term trend has been DOWN since Oct 1st, 2019 at 804.9050

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 792.9178

short term up 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).

-65
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
748.6684 754.4360 747.5448 749.2452 +0.5768
Prev. Close Volume Bid Ask Time
748.6684 748.6266 749.8639 2020-04-07 07:04:22
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