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Forex Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

South Korean Won/Euro (FOREX:KRWEUR)

Long-Term Uptrend (+90) - KRWEUR is in a strong uptrend that is likely to continue. While KRWEUR 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 KRWEUR?

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

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

FOREX_KRWEUR
Open High Low KRWEUR Price Change
0.00074894 0.00075079 0.00074630 0.00074872 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWEUR

long term up The long-term trend has been UP since Dec 29th, 2022 at 0.00074474

intermediate term up The intermediate-term trend has been UP since Dec 26th, 2022 at 0.00073811

short term up The short-term trend has been UP since Jan 27th, 2023 at 0.00074777

Smart Scan Analysis for KRWEUR

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

+90
Smart Scan Analysis for KRWEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00074894 0.00075079 0.00074630 0.00074872 0.00000000
Prev. Close Volume Bid Ask Time
0.00074894 2023-01-30 23:16:29
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