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.
MarketClub’s Trade Triangles for USDKRW
The long-term trend has been UP since Feb 2nd, 2020 at 1198.19
The intermediate-term trend has been UP since Mar 12th, 2020 at 1222.68
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).