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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

South Korean Won/US Dollar (FOREX:KRWUSD)

Strong Downtrend (-100) - KRWUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWUSD continues to fall. Traders should use caution 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.

FOREX_KRWUSD
Open High Low KRWUSD Price Change
0.00072420 0.00072424 0.00072341 0.00072388 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 0.00074038

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 0.00072825

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.00072415

Smart Scan Analysis for KRWUSD

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

-100
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00072420 0.00072424 0.00072341 0.00072388 0.00000000
Prev. Close Volume Bid Ask Time
0.00072420 2024-06-18 01:24:06
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