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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

South Korean Won/US Dollar (FOREX:KRWUSD)

Bull Market Weakness (+75) - KRWUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KRWUSD as it may be in the beginning stages 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.

FOREX_KRWUSD
Open High Low KRWUSD Price Change
0.00077633 0.00077722 0.00077306 0.00077530 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 0.00074394

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.00075668

short term up The short-term trend has been UP since Nov 27th, 2023 at 0.00077466

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00077633 0.00077722 0.00077306 0.00077530 -0.00000100
Prev. Close Volume Bid Ask Time
0.00077633 2023-11-29 07:28:09
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