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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South Korean Won/Euro (FOREX:KRWEUR)
Countertrend Down (-85) - KRWEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jan 9th, 2024 at 0.00069024
The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.00066859
The short-term trend has been UP since Jul 22nd, 2024 at 0.00066336
Smart Scan Analysis for KRWEUR
Based on our trend formula, KRWEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00066447 | 0.00066597 | 0.00066416 | 0.00066505 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00066447 | 2024-07-26 17:00:03 |