Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
South Korean Won/Russian Ruble (FOREX:KRWRUB)
Bull Market Weakness (+75) - KRWRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWRUB as it may be in the beginning stages of a reversal.
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 UP since Jul 3rd, 2022 at 0.07154278
The intermediate-term trend has been UP since Nov 7th, 2022 at 0.04467433
The short-term trend has been DOWN since Mar 23rd, 2023 at 0.05847776
Smart Scan Analysis for KRWRUB
Based on our trend formula, KRWRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).