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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Sidelines Mode (-55) - AUDKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
855.7139 858.6805 855.2887 856.5559 +0.8420
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term up The long-term trend has been UP since Jan 5th, 2021 at 842.6886

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2021 at 859.8698

short term up The short-term trend has been UP since Apr 12th, 2021 at 855.7988

Smart Scan Analysis for AUDKRW

Based on our trend formula, AUDKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
855.7139 858.6805 855.2887 856.5559 +0.8420
Prev. Close Volume Bid Ask Time
855.7139 2021-04-12 11:59:02
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