Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
South Korean Won/Australian Dollar (FOREX:KRWAUD)
Countertrend Down (-85) - KRWAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid KRWAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWAUD
The long-term trend has been DOWN since Oct 11th, 2020 at 0.11388547
The intermediate-term trend has been DOWN since Dec 10th, 2020 at 0.00122201
The short-term trend has been UP since Feb 26th, 2021 at 0.00114051
Smart Scan Analysis for KRWAUD
Based on our trend formula, KRWAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).