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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South Korean Won/British Pound (FOREX:KRWGBP)

Crossroads (+60) - KRWGBP 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 KRWGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWGBP
Open High Low KRWGBP Price Change
0.00056704 0.00056731 0.00056505 0.00056505 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term down The long-term trend has been DOWN since Jan 8th, 2024 at 0.00059644

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 0.00056526

short term up The short-term trend has been UP since Nov 12th, 2024 at 0.00055694

Smart Scan Analysis for KRWGBP

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

+60
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00056704 0.00056731 0.00056505 0.00056505 -0.00000200
Prev. Close Volume Bid Ask Time
0.00056704 2024-11-20 03:35:31
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