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.
MarketClub’s Trade Triangles for EURKRW
The long-term trend has been UP since Jan 31st, 2020 at 1324.800
The intermediate-term trend has been DOWN since Sep 15th, 2020 at 1396.185
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).