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Forex Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

US Dollar/South Korean Won (FOREX:USDKRW)

Strong Uptrend (+100) - USDKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1131.76 1132.25 1126.70 1128.34 -3.42
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long-term trend has been UP since Mar 3rd, 2021 at 1129.500

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 1127.885

short term up The short-term trend has been UP since May 11th, 2021 at 1122.145

Smart Scan Analysis for USDKRW

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

+100
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1131.76 1132.25 1126.70 1128.34 -3.42
Prev. Close Volume Bid Ask Time
1131.76 2021-05-18 11:26:25
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