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Forex Trend Analysis Report

Prepared for you on Saturday, January 23, 2021.

British Pound/South Korean Won (FOREX:GBPKRW)

Long-Term Uptrend (+90) - GBPKRW is in a strong uptrend that is likely to continue. While GBPKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1512.5487 1512.5487 1512.5487 1512.5487 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long-term trend has been UP since Jan 20th, 2021 at 1509.7959

intermediate term up The intermediate-term trend has been UP since Dec 21st, 2020 at 1490.1396

short term up The short-term trend has been UP since Jan 7th, 2021 at 1484.0248

Smart Scan Analysis for GBPKRW

Based on our trend formula, GBPKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1512.5487 1512.5487 1512.5487 1512.5487 0.0000
Prev. Close Volume Bid Ask Time
1512.5487 2021-01-23 00:11:34
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