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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/South Korean Won (FOREX:EURKRW)
Sidelines Mode (+55) - EURKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 5th, 2024 at 1506.92
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 1484.97
The short-term trend has been UP since Nov 19th, 2024 at 1482.07
Smart Scan Analysis for EURKRW
Based on our trend formula, EURKRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1472.500 | 1474.120 | 1471.330 | 1473.315 | +0.815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1472.500 | 2024-11-20 03:17:06 |