Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
South Korean Won/Russian Ruble (FOREX:KRWRUB)
Strong Downtrend (-100) - KRWRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KRWRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KRWRUB
The long-term trend has been DOWN since Jun 16th, 2021 at 0.06410968
The intermediate-term trend has been DOWN since Jul 27th, 2021 at 0.06378674
The short-term trend has been DOWN since Oct 17th, 2021 at 0.05995434
Smart Scan Analysis for KRWRUB
Based on our trend formula, KRWRUB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).