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Forex Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Euro/South Korean Won (FOREX:EURKRW)

Weak Downtrend (-65) - EURKRW is showing signs of a strengthening downtrend. Monitor EURKRW as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURKRW
Open High Low EURKRW Price Change
1484.045 1484.045 1475.940 1475.940 -8.105
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long-term trend has been UP since Jan 9th, 2024 at 1448.80

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2024 at 1489.18

short term down The short-term trend has been DOWN since Sep 4th, 2024 at 1478.15

Smart Scan Analysis for EURKRW

Based on our trend formula, EURKRW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1484.045 1484.045 1475.940 1475.940 -8.105
Prev. Close Volume Bid Ask Time
1484.045 2024-09-07 04:49:23
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