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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Euro/South Korean Won (FOREX:EURKRW)

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

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.

FOREX_EURKRW
Open High Low EURKRW Price Change
1480.6750 1480.6750 1479.8456 1479.8456 -0.8294
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long-term trend has been UP since Jan 9th, 2024 at 1448.8000

intermediate term up The intermediate-term trend has been UP since May 20th, 2024 at 1483.6095

short term up The short-term trend has been UP since Jun 13th, 2024 at 1485.9416

Smart Scan Analysis for EURKRW

Based on our trend formula, EURKRW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1480.6750 1480.6750 1479.8456 1479.8456 -0.8294
Prev. Close Volume Bid Ask Time
1480.6750 2024-06-16 20:10:08
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