Forex Trend Analysis Report

Prepared for you on Friday, April 26, 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.

Open	High	Low	KRWUSD Price	Change
0.00072575	0.00072994	0.00072542	0.00072564	0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

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

The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00074759

The short-term trend has been UP since Apr 17th, 2024 at 0.00072443

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).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00072575	0.00072994	0.00072542	0.00072564	0.00000000
Prev. Close	Volume	Bid	Ask	Time
0.00072575				2024-04-26 17:05:14

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