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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South Korean Won/Australian Dollar (FOREX:KRWAUD)

Bear Market Rally (-75) - KRWAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWAUD as it may be in the beginning 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
0.00110224 0.00110326 0.00110049 0.00110097 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWAUD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.00108133

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.00108141

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.00109904

Smart Scan Analysis for KRWAUD

Based on our trend formula, KRWAUD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for KRWAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00110224 0.00110326 0.00110049 0.00110097 -0.00000100
Prev. Close Volume Bid Ask Time
0.00110224 2024-11-20 03:26:28
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