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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.
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MarketClub’s Trade Triangles for EURKRW
The long-term trend has been UP since Mar 9th, 2023 at 1407.25
The intermediate-term trend has been UP since Feb 3rd, 2023 at 1349.96
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).
| 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 |