Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
South Korean Won/Euro (FOREX:KRWEUR)
Weak Downtrend (-65) - KRWEUR is showing signs of a strengthening downtrend. Monitor KRWEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid KRWEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWEUR
The long-term trend has been DOWN since Jan 31st, 2020 at 0.07547302
The intermediate-term trend has been DOWN since Dec 1st, 2020 at 0.00074964
The short-term trend has been UP since Dec 4th, 2020 at 0.00075947
Smart Scan Analysis for KRWEUR
Based on our trend formula, KRWEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).