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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

British Pound/South Korean Won (FOREX:GBPKRW)

Weak Downtrend (-65) - GBPKRW is showing signs of a strengthening downtrend. Monitor GBPKRW as it may be building momentum to the downside.

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
1770.6147 1774.6954 1765.1933 1769.3267 -1.2880
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 1668.4584

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2025 at 1802.8531

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 1815.9465

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
1770.6147 1774.6954 1765.1933 1769.3267 -1.2880
Prev. Close Volume Bid Ask Time
1770.6147 2025-01-20 09:44:14
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