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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

South Korean Won/British Pound (FOREX:KRWGBP)

Long-Term Downtrend (-90) - KRWGBP is in a strong downtrend that is likely to continue. While KRWGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_KRWGBP
Open High Low KRWGBP Price Change
0.00058059 0.00058098 0.00057883 0.00058078 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term down The long-term trend has been DOWN since Jan 8th, 2024 at 0.00059644

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00058847

short term down The short-term trend has been DOWN since Apr 3rd, 2024 at 0.00058673

Smart Scan Analysis for KRWGBP

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

-90
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00058059 0.00058098 0.00057883 0.00058078 0.00000000
Prev. Close Volume Bid Ask Time
0.00058059 2024-04-17 12:09:11
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