Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
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MarketClub’s Trade Triangles for EURKRW
The long-term trend has been UP since Nov 5th, 2024 at 1506.92
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1497.79
The short-term trend has been DOWN since Jan 20th, 2025 at 1496.86
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
1500.7878 | 1501.4050 | 1491.8439 | 1495.8800 | -4.9078 |
Prev. Close | Volume | Bid | Ask | Time |
1500.7878 | 2025-01-20 09:44:42 |