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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South Korean Won/Australian Dollar (FOREX:KRWAUD)

Sidelines Mode (-55) - KRWAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00110504 0.00110754 0.00110438 0.00110627 +0.00000100
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 up The intermediate-term trend has been UP since Dec 18th, 2024 at 0.00111135

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 0.00110288

Smart Scan Analysis for KRWAUD

Based on our trend formula, KRWAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00110504 0.00110754 0.00110438 0.00110627 +0.00000100
Prev. Close Volume Bid Ask Time
0.00110504 2024-12-26 06:46:13
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