Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
South Korean Won/Australian Dollar (FOREX:KRWAUD)
Strong Downtrend (-100) - KRWAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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 May 20th, 2020 at 0.12388686
The intermediate-term trend has been DOWN since May 10th, 2020 at 0.12541784
The short-term trend has been DOWN since May 18th, 2020 at 0.12560021
Smart Scan Analysis for KRWAUD
Based on our trend formula, KRWAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).