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Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Euro/South Korean Won (FOREX:EURKRW)
Bull Market Weakness (+75) - EURKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURKRW as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for EURKRW
The long-term trend has been DOWN since Jul 7th, 2022 at 1323.45
The intermediate-term trend has been UP since Aug 10th, 2022 at 1345.70
The short-term trend has been UP since Aug 9th, 2022 at 1335.00
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 |
|---|---|---|---|---|
| 1338.52 | 1345.83 | 1338.52 | 1343.43 | +4.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1338.52 | 2022-08-11 04:36:20 |