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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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
0.00075997 0.00076110 0.00075868 0.00075889 -0.00000100
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 down The intermediate-term trend has been DOWN since Dec 1st, 2020 at 0.00074964

short term up The short-term trend has been UP since Dec 4th, 2020 at 0.00075947

Smart Scan Analysis for KRWEUR

Based on our trend formula, KRWEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00075997 0.00076110 0.00075868 0.00075889 -0.00000100
Prev. Close Volume Bid Ask Time
0.00075997 2020-12-04 02:24:52
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