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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
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 Jan 9th, 2024 at 1448.80
The intermediate-term trend has been DOWN since Jul 31st, 2024 at 1489.18
The short-term trend has been DOWN since Sep 4th, 2024 at 1478.15
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 |
|---|---|---|---|---|
| 1484.045 | 1484.045 | 1475.940 | 1475.940 | -8.105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1484.045 | 2024-09-07 04:49:23 |