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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Strong Downtrend (-100) - AUDKRW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDKRW continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AUDKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDKRW
Open High Low AUDKRW Price Change
874.9197 876.6351 871.6851 872.8831 -2.0366
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term down The long-term trend has been DOWN since Nov 8th, 2022 at 887.7610

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2023 at 875.1091

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 871.6897

Smart Scan Analysis for AUDKRW

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

-100
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
874.9197 876.6351 871.6851 872.8831 -2.0366
Prev. Close Volume Bid Ask Time
874.9197 2023-03-21 07:12:35
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