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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

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
1775.0774 1778.3980 1774.1006 1777.6043 +2.5269
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 1668.4584

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 1769.0962

short term up The short-term trend has been UP since Nov 28th, 2024 at 1770.0387

Smart Scan Analysis for GBPKRW

Based on our trend formula, GBPKRW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1775.0774 1778.3980 1774.1006 1777.6043 +2.5269
Prev. Close Volume Bid Ask Time
1775.0774 2024-12-03 04:05:59
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