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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 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
1472.71 1473.46 1464.10 1465.72 -6.99
Entry Signal

MarketClub’s Trade Triangles for EURKRW

long term up The long-term trend has been UP since Jan 9th, 2024 at 1448.800

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 1452.060

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 1468.735

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
1472.71 1473.46 1464.10 1465.72 -6.99
Prev. Close Volume Bid Ask Time
1472.71 2024-04-19 17:02:58
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