Forex Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Australian Dollar/South Korean Won (FOREX:AUDKRW)
Countertrend Up (+85) - AUDKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for AUDKRW
The long-term trend has been UP since Sep 13th, 2021 at 865.6313
The intermediate-term trend has been UP since Nov 8th, 2021 at 887.6649
The short-term trend has been UP since Nov 8th, 2021 at 882.1792
Smart Scan Analysis for AUDKRW
Based on our trend formula, AUDKRW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).