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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

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
1518.3108 1520.5129 1509.0562 1517.8848 -0.4260
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 down The intermediate-term trend has been DOWN since Mar 13th, 2020 at 1510.4893

short term up The short-term trend has been UP since Mar 27th, 2020 at 1487.5783

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
1518.3108 1520.5129 1509.0562 1517.8848 -0.4260
Prev. Close Volume Bid Ask Time
1518.3108 1516.6458 1519.1238 2020-03-30 05:17:09
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