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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

South Korean Won/US Dollar (FOREX:KRWUSD)

Crossroads (+60) - KRWUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_KRWUSD
Open High Low KRWUSD Price Change
0.08248273 0.08327609 0.08246340 0.08312558 +0.00064300
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 0.08346764

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2020 at 0.08234390

short term up The short-term trend has been UP since May 26th, 2020 at 0.08089377

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08248273 0.08327609 0.08246340 0.08312558 +0.00064300
Prev. Close Volume Bid Ask Time
0.08248273 0.08305648 0.08319468 2020-06-05 21:57:35
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