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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

British Pound/South Korean Won (FOREX:GBPKRW)

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

Is it time to buy, sell, or avoid GBPKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPKRW
Open High Low GBPKRW Price Change
1606.2815 1607.2742 1599.4027 1606.7142 +0.4327
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term down The long-term trend has been DOWN since Jan 5th, 2023 at 1508.6475

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2023 at 1532.2499

short term up The short-term trend has been UP since Mar 27th, 2023 at 1595.6021

Smart Scan Analysis for GBPKRW

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

+70
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1606.2815 1607.2742 1599.4027 1606.7142 +0.4327
Prev. Close Volume Bid Ask Time
1606.2815 2023-03-30 14:34:22
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