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Forex Trend Analysis Report

Prepared for you on Sunday, May 28, 2023.

South Korean Won/British Pound (FOREX:KRWGBP)

Sidelines Mode (+55) - KRWGBP 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 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
0.00061203 0.00061211 0.00061179 0.00061211 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KRWGBP

long term down The long-term trend has been DOWN since Apr 18th, 2023 at 0.00060940

intermediate term up The intermediate-term trend has been UP since May 18th, 2023 at 0.00060496

short term down The short-term trend has been DOWN since May 25th, 2023 at 0.00060890

Smart Scan Analysis for KRWGBP

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

+55
Smart Scan Analysis for KRWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00061203 0.00061211 0.00061179 0.00061211 0.00000000
Prev. Close Volume Bid Ask Time
0.00061203 2023-05-28 15:42:56
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