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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

South Korean Won/US Dollar (FOREX:KRWUSD)

Long-Term Downtrend (-90) - KRWUSD is in a strong downtrend that is likely to continue. While KRWUSD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.00077326 0.00077346 0.00076699 0.00076870 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for KRWUSD

long term down The long-term trend has been DOWN since Oct 11th, 2020 at 0.08280099

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.00077889

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 0.00077044

Smart Scan Analysis for KRWUSD

Based on our trend formula, KRWUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRWUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00077326 0.00077346 0.00076699 0.00076870 -0.00000500
Prev. Close Volume Bid Ask Time
0.00077326 2022-06-29 21:38:58
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