Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

British Pound/South Korean Won (FOREX:GBPKRW)

Sidelines Mode (-55) - GBPKRW 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 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
1618.6907 1618.6907 1618.6907 1618.6907 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long-term trend has been UP since Apr 2nd, 2023 at 1618.9724

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2023 at 1653.0093

short term up The short-term trend has been UP since Jun 8th, 2023 at 1628.7462

Smart Scan Analysis for GBPKRW

Based on our trend formula, GBPKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1618.6907 1618.6907 1618.6907 1618.6907 0.0000
Prev. Close Volume Bid Ask Time
1618.6907 2023-06-10 02:38:59
Get a free daily analysis and signals for British Pound/South Korean Won (GBPKRW) - Request Your Free Report.