Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

South Korean Won/US Dollar (FOREX:KRWUSD)

Bear Market Rally (-75) - KRWUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KRWUSD?

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

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

Open	High	Low	KRWUSD Price	Change
0.00076225	0.00076776	0.00076113	0.00076549	+0.00000300
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

The long-term trend has been DOWN since Mar 9th, 2023 at 0.00075371

The intermediate-term trend has been DOWN since Feb 6th, 2023 at 0.00079988

The short-term trend has been DOWN since Mar 15th, 2023 at 0.00075872

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00076225	0.00076776	0.00076113	0.00076549	+0.00000300
Prev. Close	Volume	Bid	Ask	Time
0.00076225				2023-03-20 21:12:38

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