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Forex Trend Analysis Report

Prepared for you on Saturday, September 19, 2020.

Euro/South Korean Won (FOREX:EURKRW)

Weak Downtrend (-65) - EURKRW is showing signs of a strengthening downtrend. Monitor EURKRW as it may be building momentum to the downside.

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
1376.46 1381.04 1374.38 1379.23 +2.77
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long-term trend has been UP since Jan 31st, 2020 at 1324.800

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2020 at 1396.185

short term down The short-term trend has been DOWN since Sep 15th, 2020 at 1401.425

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
1376.46 1381.04 1374.38 1379.23 +2.77
Prev. Close Volume Bid Ask Time
1376.46 1377.58 1380.88 2020-09-18 19:47:33
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