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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.

FOREX_EURKRW
Open High Low EURKRW Price Change
1338.52 1345.83 1338.52 1343.43 +4.91
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long-term trend has been DOWN since Jul 7th, 2022 at 1323.45

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 1345.70

short term up 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).

+70
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways 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
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