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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Euro/South Korean Won (FOREX:EURKRW)

Countertrend Up (+85) - EURKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1399.53 1401.66 1398.91 1400.72 +1.19
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long-term trend has been UP since Mar 9th, 2023 at 1407.25

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2023 at 1349.96

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 1395.05

Smart Scan Analysis for EURKRW

Based on our trend formula, EURKRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1399.53 1401.66 1398.91 1400.72 +1.19
Prev. Close Volume Bid Ask Time
1399.53 2023-03-27 03:18:12
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