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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

Australian Dollar/South Korean Won (FOREX:AUDKRW)

Bull Market Weakness (+75) - AUDKRW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDKRW as it may be in the beginning stages of a reversal.

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
929.6980 929.9372 928.3688 929.2119 -0.4861
Entry Signal

MarketClub’s Trade Triangles for AUDKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 888.8532

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 878.4939

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 928.7762

Smart Scan Analysis for AUDKRW

Based on our trend formula, AUDKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for AUDKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
929.6980 929.9372 928.3688 929.2119 -0.4861
Prev. Close Volume Bid Ask Time
929.6980 2024-07-19 08:03:59
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