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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South Korean Won/Australian Dollar (FOREX:KRWAUD)

Bull Market Weakness (+75) - KRWAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWAUD as it may be in the beginning stages of a reversal.

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.

FOREX_KRWAUD
Open High Low KRWAUD Price Change
0.00110122 0.00110538 0.00109877 0.00110538 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for KRWAUD

long term down The long-term trend has been DOWN since Dec 18th, 2023 at 0.00114011

intermediate term up The intermediate-term trend has been UP since Jul 23rd, 2024 at 0.00109402

short term up The short-term trend has been UP since Jul 16th, 2024 at 0.00107464

Smart Scan Analysis for KRWAUD

Based on our trend formula, KRWAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for KRWAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00110122 0.00110538 0.00109877 0.00110538 +0.00000400
Prev. Close Volume Bid Ask Time
0.00110122 2024-07-26 20:56:14
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