Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

South Korean Won/Euro (FOREX:KRWEUR)

Bear Market Rally (-75) - KRWEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWEUR as it may be in the beginning of a reversal.

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
0.00071514 0.00071581 0.00071294 0.00071453 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWEUR

long term down The long-term trend has been DOWN since Mar 14th, 2023 at 0.00070989

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 0.00074079

short term up The short-term trend has been UP since Mar 23rd, 2023 at 0.00071907

Smart Scan Analysis for KRWEUR

Based on our trend formula, KRWEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00071514 0.00071581 0.00071294 0.00071453 -0.00000100
Prev. Close Volume Bid Ask Time
0.00071514 2023-03-27 08:56:37
Get a free daily analysis and signals for South Korean Won/Euro (KRWEUR) - Request Your Free Report.