Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
South Korean Won/Euro (FOREX:KRWEUR)
Strong Uptrend (+100) - KRWEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KRWEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 15th, 2021 at 0.00074387
The intermediate-term trend has been UP since Jan 26th, 2022 at 0.00074282
The short-term trend has been UP since Jan 26th, 2022 at 0.00074081
Smart Scan Analysis for KRWEUR
Based on our trend formula, KRWEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).