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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

US Dollar/South Korean Won (FOREX:USDKRW)

Weak Uptrend (+65) - USDKRW is showing signs of weakening momentum to the upside. Monitor USDKRW as it may be in the beginning stages of a reversal.

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
1226.065 1226.630 1221.215 1225.230 -0.835
Entry Signal

MarketClub’s Trade Triangles for USDKRW

long term up The long-term trend has been UP since Feb 2nd, 2020 at 1198.19

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2020 at 1222.68

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 1233.15

Smart Scan Analysis for USDKRW

Based on our trend formula, USDKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1226.065 1226.630 1221.215 1225.230 -0.835
Prev. Close Volume Bid Ask Time
1226.065 1224.510 1225.950 2020-03-30 07:09:37
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