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Forex Trend Analysis Report

Prepared for you on Friday, February 7, 2025.

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
1447.580 1448.655 1443.760 1443.760 -3.820
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long-term trend has been UP since Oct 25th, 2024 at 1392.23

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1444.04

short term down The short-term trend has been DOWN since Feb 4th, 2025 at 1448.88

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
1447.580 1448.655 1443.760 1443.760 -3.820
Prev. Close Volume Bid Ask Time
1447.580 2025-02-07 03:59:51
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