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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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.

FOREX_KRWEUR
Open High Low KRWEUR Price Change
0.00070270 0.00070691 0.00070133 0.00070567 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for KRWEUR

long term up The long-term trend has been UP since Jun 12th, 2023 at 0.00072637

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.00069570

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 0.00070135

Smart Scan Analysis for KRWEUR

Based on our trend formula, KRWEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00070270 0.00070691 0.00070133 0.00070567 +0.00000300
Prev. Close Volume Bid Ask Time
0.00070270 2023-12-05 22:36:22
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