Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/South Korean Won (FOREX:GBPKRW)
Crossroads (-60) - GBPKRW is struggling to move into a solid trend. Beware of choppy markets 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPKRW
The long-term trend has been UP since Jan 2nd, 2024 at 1668.4584
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 1769.0962
The short-term trend has been DOWN since Nov 12th, 2024 at 1795.5253
Smart Scan Analysis for GBPKRW
Based on our trend formula, GBPKRW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1763.5402 | 1769.7694 | 1762.7069 | 1769.7694 | +6.2292 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1763.5402 | 2024-11-20 03:35:31 |