Free Daily Analysis

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.

FOREX_EURKRW
Open High Low EURKRW Price Change
1500.7878 1501.4050 1491.8439 1495.8800 -4.9078
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long-term trend has been UP since Nov 5th, 2024 at 1506.92

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1497.79

short term down 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).

-70
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Euro/South Korean Won (EURKRW) - Request Your Free Report.