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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South Korean Won/Euro (FOREX:KRWEUR)
Sidelines Mode (-55) - KRWEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for KRWEUR
The long-term trend has been DOWN since Nov 5th, 2024 at 0.00066339
The intermediate-term trend has been UP since Nov 13th, 2024 at 0.00067343
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00067467
Smart Scan Analysis for KRWEUR
Based on our trend formula, KRWEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00067916 | 0.00067967 | 0.00067806 | 0.00067806 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00067916 | 2024-11-20 03:33:49 |