Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
British Pound/South Korean Won (FOREX:GBPKRW)
Strong Uptrend (+100) - GBPKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPKRW
The long-term trend has been UP since Jan 2nd, 2024 at 1668.4584
The intermediate-term trend has been UP since Mar 18th, 2024 at 1699.3180
The short-term trend has been UP since Apr 24th, 2024 at 1712.2384
Smart Scan Analysis for GBPKRW
Based on our trend formula, GBPKRW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1707.2840 | 1714.2119 | 1704.3868 | 1713.8659 | +6.5819 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1707.2840 | 2024-04-24 13:14:59 |