Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
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.
MarketClub’s Trade Triangles for KRWAUD
The long-term trend has been UP since Nov 9th, 2022 at 0.00113106
The intermediate-term trend has been UP since Mar 6th, 2023 at 0.00114440
The short-term trend has been UP since Mar 21st, 2023 at 0.00115097
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).