Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

South Korean Won/Euro (FOREX:KRWEUR)

Crossroads (+60) - KRWEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.07801832 0.07803978 0.07784201 0.07794978 -0.00006900
Entry Signal

MarketClub’s Trade Triangles for KRWEUR

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 0.07547302

intermediate term up The intermediate-term trend has been UP since Feb 13th, 2020 at 0.07794080

short term up The short-term trend has been UP since Feb 4th, 2020 at 0.07635542

Smart Scan Analysis for KRWEUR

Based on our trend formula, KRWEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07801832 0.07803978 0.07784201 0.07794978 -0.00006900
Prev. Close Volume Bid Ask Time
0.07801832 0.07788395 0.07801560 2020-02-17 16:18:07
Get a free daily analysis and signals for South Korean Won/Euro (KRWEUR) - Request Your Free Report.