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Forex Trend Analysis Report
Prepared for you on Thursday, January 16, 2025.
Euro/South Korean Won (FOREX:EURKRW)
Sidelines Mode (-55) - EURKRW 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 EURKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKRW.
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 EURKRW
The long-term trend has been UP since Nov 5th, 2024 at 1506.92
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 1497.79
The short-term trend has been UP since Jan 14th, 2025 at 1513.23
Smart Scan Analysis for EURKRW
Based on our trend formula, EURKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1499.060 | 1505.210 | 1497.430 | 1498.875 | -0.185 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1499.060 | 2025-01-16 19:46:45 |