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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Euro/South Korean Won (FOREX:EURKRW)

Bear Market Rally (-75) - EURKRW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURKRW as it may be in the beginning of a reversal.

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
1315.360 1322.075 1312.740 1313.110 -2.250
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 1345.87

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2020 at 1332.34

short term down The short-term trend has been DOWN since Dec 3rd, 2020 at 1321.00

Smart Scan Analysis for EURKRW

Based on our trend formula, EURKRW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1315.360 1322.075 1312.740 1313.110 -2.250
Prev. Close Volume Bid Ask Time
1313.110 2020-12-04 18:47:37
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