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Forex Trend Analysis Report

Prepared for you on Tuesday, June 6, 2023.

South Korean Won/British Pound (FOREX:KRWGBP)

Long-Term Uptrend (+90) - KRWGBP is in a strong uptrend that is likely to continue. While KRWGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00061836 0.00062031 0.00061778 0.00061931 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term up The long-term trend has been UP since Jun 5th, 2023 at 0.00061834

intermediate term up The intermediate-term trend has been UP since May 18th, 2023 at 0.00060496

short term up The short-term trend has been UP since Jun 2nd, 2023 at 0.00061261

Smart Scan Analysis for KRWGBP

Based on our trend formula, KRWGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00061836 0.00062031 0.00061778 0.00061931 +0.00000100
Prev. Close Volume Bid Ask Time
0.00061836 2023-06-06 19:46:51
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