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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

British Pound/South Korean Won (FOREX:GBPKRW)

Bull Market Weakness (+75) - GBPKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPKRW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPKRW
Open High Low GBPKRW Price Change
1521.4441 1528.3771 1517.3593 1527.2562 +5.8121
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term down The long-term trend has been DOWN since Mar 13th, 2020 at 1495.0124

intermediate term up The intermediate-term trend has been UP since May 29th, 2020 at 1531.7747

short term up The short-term trend has been UP since May 19th, 2020 at 1504.7675

Smart Scan Analysis for GBPKRW

Based on our trend formula, GBPKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1521.4441 1528.3771 1517.3593 1527.2562 +5.8121
Prev. Close Volume Bid Ask Time
1521.4441 1526.0080 1528.5043 2020-06-01 11:15:46
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