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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

South Korean Won/US Dollar (FOREX:KRWUSD)

Bear Market Rally (-75) - KRWUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWUSD as it may be in the beginning 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
0.00076225 0.00076776 0.00076113 0.00076549 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 0.00075371

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 0.00079988

short term down The short-term trend has been DOWN since Mar 15th, 2023 at 0.00075872

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00076225 0.00076776 0.00076113 0.00076549 +0.00000300
Prev. Close Volume Bid Ask Time
0.00076225 2023-03-20 21:12:38
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