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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Euro/South Korean Won (FOREX:EURKRW)

Bear Market Rally (-75) - EURKRW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURKRW as it may be in the beginning 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
1355.86 1359.07 1348.94 1349.60 -6.26
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term down The long-term trend has been DOWN since Nov 15th, 2021 at 1344.73

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2021 at 1349.77

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 1356.66

Smart Scan Analysis for EURKRW

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

-75
Smart Scan Analysis for EURKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1355.86 1359.07 1348.94 1349.60 -6.26
Prev. Close Volume Bid Ask Time
1355.86 2022-01-18 19:57:20
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