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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

South Korean Won/Australian Dollar (FOREX:KRWAUD)

Strong Downtrend (-100) - KRWAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWAUD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_KRWAUD
Open High Low KRWAUD Price Change
0.00109909 0.00109922 0.00108909 0.00108909 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for KRWAUD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.00108133

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.00107961

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 0.00109894

Smart Scan Analysis for KRWAUD

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

-100
Smart Scan Analysis for KRWAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00109909 0.00109922 0.00108909 0.00108909 -0.00001000
Prev. Close Volume Bid Ask Time
0.00109909 2024-12-09 02:28:02
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