Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
British Pound/South Korean Won (FOREX:GBPKRW)
Strong Uptrend (+100) - GBPKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPKRW
The long-term trend has been UP since Jan 20th, 2021 at 1509.7959
The intermediate-term trend has been UP since Dec 21st, 2020 at 1490.1396
The short-term trend has been UP since Feb 14th, 2021 at 1532.4690
Smart Scan Analysis for GBPKRW
Based on our trend formula, GBPKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).