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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

US Dollar/South Korean Won (FOREX:USDKRW)

Long-Term Uptrend (+90) - USDKRW is in a strong uptrend that is likely to continue. While USDKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1380.6 1380.6 1380.6 1380.6 0.0
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long-term trend has been UP since Mar 27th, 2024 at 1350.51

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 1337.54

short term up The short-term trend has been UP since Apr 11th, 2024 at 1366.16

Smart Scan Analysis for USDKRW

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

+90
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1380.6 1380.6 1380.6 1380.6 0.0
Prev. Close Volume Bid Ask Time
1380.6 2024-04-13 04:17:48
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