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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

US Dollar/South Korean Won (FOREX:USDKRW)

Weak Downtrend (-65) - USDKRW is showing signs of a strengthening downtrend. Monitor USDKRW as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDKRW
Open High Low USDKRW Price Change
1307.825 1310.050 1285.390 1287.665 -20.160
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long-term trend has been UP since Mar 9th, 2023 at 1326.660

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 1293.695

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 1300.590

Smart Scan Analysis for USDKRW

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

-70
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1307.825 1310.050 1285.390 1287.665 -20.160
Prev. Close Volume Bid Ask Time
1307.825 2023-03-22 22:34:19
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