Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
South Korean Won/Australian Dollar (FOREX:KRWAUD)
Weak Uptrend (+65) - KRWAUD is showing signs of weakening momentum to the upside. Monitor KRWAUD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for KRWAUD
The long-term trend has been UP since Oct 1st, 2019 at 0.12427000
The intermediate-term trend has been UP since Feb 28th, 2020 at 0.12612873
The short-term trend has been DOWN since Apr 7th, 2020 at 0.13342894
Smart Scan Analysis for KRWAUD
Based on our trend formula, KRWAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).