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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South Korean Won/US Dollar (FOREX:KRWUSD)
Countertrend Down (-85) - KRWUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for KRWUSD
The long-term trend has been DOWN since Oct 25th, 2024 at 0.00071840
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.00074168
The short-term trend has been UP since Nov 20th, 2024 at 0.00071991
Smart Scan Analysis for KRWUSD
Based on our trend formula, KRWUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00071938 | 0.00071999 | 0.00071705 | 0.00071765 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00071938 | 2024-11-20 03:26:33 |