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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

South Korean Won/Russian Ruble (FOREX:KRWRUB)

Sidelines Mode (-55) - KRWRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_KRWRUB
Open High Low KRWRUB Price Change
0.06838619 0.06838619 0.06813334 0.06813334 -0.00025300
Entry Signal

MarketClub’s Trade Triangles for KRWRUB

long term up The long-term trend has been UP since Jan 25th, 2024 at 0.07578138

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 0.06848869

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.06819885

Smart Scan Analysis for KRWRUB

Based on our trend formula, KRWRUB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06838619 0.06838619 0.06813334 0.06813334 -0.00025300
Prev. Close Volume Bid Ask Time
0.06749521 2024-04-19 12:56:01
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