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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for AUDKRW
The long-term trend has been DOWN since Aug 1st, 2024 at 889.6590
The intermediate-term trend has been UP since Sep 20th, 2024 at 910.3715
The short-term trend has been DOWN since Oct 23rd, 2024 at 916.3023
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 917.3619 | 917.3619 | 917.3619 | 917.3619 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 917.3619 | 2024-10-26 04:48:20 |