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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

South Korean Won/Australian Dollar (FOREX:KRWAUD)

Long-Term Downtrend (-90) - KRWAUD is in a strong downtrend that is likely to continue. While KRWAUD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_KRWAUD
Open High Low KRWAUD Price Change
0.00113725 0.00113899 0.00113697 0.00113857 +0.00000100
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 down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.00113839

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.00113853

Smart Scan Analysis for KRWAUD

Based on our trend formula, KRWAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRWAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00113725 0.00113899 0.00113697 0.00113857 +0.00000100
Prev. Close Volume Bid Ask Time
0.00113725 2024-03-29 07:47:31
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